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Is this the start? I believe so

 Rom
Oct 14, 20261 min read

Character.ai’s bankruptcy is the one of the first dominos to fall in the long-foreseen AI bubble. The circumstances of its bankruptcy are exactly what critics of AI have been saying would happen: Character.ai lit a huge amount of money on fire running its product, did not bring in a lot of revenue, and faced enormous legal fees after causing harm to its users. Enshittifying its product to try to make its expenses cheaper did not work, according to a narrative filed in bankruptcy court Tuesday."

"Character.ai's Bankruptcy Documents Show the Economics of AI Don't Work" - https://www.404media.co/character-ais-bankruptcy-documents-show-the-economics-of-ai-dont-work/

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