
It's What Was That?! Time, and this time we went deeeeeeep into the AI industry's financial mess, and also the recent GST announcements in India. There's enshittification going on - there's a bubble - there's cash flow issues and crazy hiring - and just so much hype. Links:https://www.wheresyoured.at/ai-is-a-money-trap/https://techcrunch.com/2025/07/28/anthropic-unveils-new-rate-limits-to-curb-claude-code-power-users/www.cnbc.com/2025/08/01/openai-raise-chatgpt-users.htmlhttps://www.wsj.com/tech/ai/silicon-valley-ai-infrastructure-capex-cffe0431https://government.economictimes.indiatimes.com/news/governance/next-gen-gst-reform-india-set-for-tax-simplification-and-growth-boost-by-diwali-2025/123362905Chapters00:00 Intro, and some fun book reccos!08:54 GST 3.0 and Economic Implications21:23 AI Developments and GPT-5 Launch33:55 The Impact of AI Pricing Models on User Behavior36:44 Challenges in AI Model Selection and User Experience39:25 The Sustainability of Layer One AI Services42:17 The Role of Hardware in AI Development46:03 Financial Risks and Cash Flow Issues in the AI Industry48:47 Cultural Implications of AI Companionship01:04:37 Future of AI and Gaming Regulations