A shark feeding frenzy
Several weeks ago, my local surf break became a shark feeding frenzy. See the footage here with very Aussie commentary.
I am in this very water most days. The sharks are always there. Just not as snappy and unified as they are in this video. Fear of sharks could be equated to fear of cars. Statistics are clear. Cars and their drivers are far more dangerous.
The current world of AI is our human equivalent of this shark feeding frenzy.
It gathers the apex predators to swarm and snap with bared teeth around the feed of riches and glory, forgetting everyone and everything else, devouring all that gets in their way. The true obsession of the predatory mind.
To stand on the shore and watch is to witness the primal instinct of a primitive brain, driven by hunger, fed by the win.
See this image created for Bloomberg Magazine with an accompanying article by two journalists Emily Forgash and Agnee Ghosh. It shows the feeding frenzy around AI.
It is a feeding frenzy because everyone is enmeshed with everyone else. A game of Dominoes. Tip one, and everyone falls. Or, in more easy-to-understand parlance, it is a Ponzi scheme. The most epic Ponzi scheme of all time.
Physics is clear. All bubbles burst.
Overnight, the most evil person on the planet, the James Bond character Blofeld equivalent of the real world, Peter Thiel, sold all of his stock in Nvidia. Thiel believes that the anti-Christ is coming, and given his white supremacy tendencies, and his commitment to his immortality, he is quite happy for the world economy to collapse, taking the well-being and livelihoods of most of the planet with it.
The question is, did he sell to trigger fear and collapse, or did he sell because he senses collapse? Or is he playing a different game, the one owned by the powerful, where insider trading is the status quo?
As Naomi Klein wrote in The Shock Doctrine, capitalism uses shocks and global events to accumulate more capital in the hands of the elite. It is a strategy as old as capitalism.
All bubbles bust. We just do not know when or what the inciting incident will be.
But the AI bubble is bigger than the housing bubble of 2008, bigger than the tech bubble of 2001.
I am reminded of the upside of collapse, as evidenced in Luke Kemp’s book Goliath’s Curse: it is the oppressed who thrive post-collapse.
Perhaps that is why the elite are building their bunkers in Hawaii and in New Zealand. To escape the retribution of the people they delighted in suppressing and eliminating on their paths to Empire.
I was talking to my partner, Tony, about this. How to be prepared for an economic collapse that is inevitable. Given that the unknowns are greater than the knowns, this means the relational element will enable survival.
Our communities, families. Kindness. Care. Love. Resourcefulness. Working together. Synergy.
Photo Taken November 18th 2025, Article published November 18th, 2025
