AI Memefies Mediocrity

Interesting Bloomberg piece on how mediocrity has spread everywhere. 

"Mediocrity is not so much a bug as a feature. We increasingly live in a world of corporate lookalikes…"

AI is one of two powerful forces in modern business sending the mediocrity revolution into overdrive.

Artificial Intelligence memefies & magnifies mediocrity.

"Al operates by scraping the internet for established knowledge and then serving up that knowledge in a predigested form… in an infinite feedback loop."

See the whole article on Bloomberg here: 

https://www.bloomberg.com/opinion/articles/2025-08-29/cracker-barrel-logo-is-corporate-mediocrity-s-latest-casualty

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Intel CEO says company lost its mojo, admits falling out of the Top 10 semiconductor co’s

While $NVDA 's market cap soared past $4 trillion after a 10X run in 30 months, $INTC has dropped to just over $100 billion—less than 1/2 its 2023 value.

After decades of industry leadership, says it's now "too late" for Intel to catch Nvidia in lucrative AI training market, saying Nvidia's position "is simply too strong"

Following an $18.8 billion net loss in 2024, Intel is laying off ~20% of its workforce

See more here: https://www.perplexity.ai/page/intel-ceo-admits-company-has-l-YgWQP5kZSWyoHIx1umpk2g

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