IBM's Stock is Tied to Vapourware ("Quantum Bets") and Circular Financing Scam ("AI")

posted by Roy Schestowitz on Nov 30, 2025

This was a few hours ago:

More layoff rumoured:

Also see: Something rotten lurks within AI’s merry-go-round of cash (by Andrew Orlowski, formerly a prominent writer at The Register UK)

Burry Defends His Nvidia Criticism:

"AI bubble fears", as there is circular financing and faked "demand" [1, 2]:

Instead of creating something new IBM is trying to ride buzzwords and hype waves.

Remember the time IBM professed to be a leader in "blockchain"?

Remember the time IBM professed to be a leader in "cloud"?

Even buying Red Hat and HashiCrap hardly changed that.

IBM is still a distant, hardly-heard-of player.

So IBM's stock is now entirely reliant on paid-for jingoism regarding things that will never happen and cannot happen.

IBM is now as unreliable as your average 'crypto' exchange. Any claims about its supposed 'worth' are based on false assumptions. █

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