20260804 - Aschenbrenner bet everything on AI and lost

everyone's a genius in a bubble Patreon: https://www.patreon.com/davidgerard Ko-Fi: https://ko-fi.com/A1529D5 Buy us nice useful things (if not in the UK, set the delivery postcode to SW1A 0AA): https://www.amazon.co.uk/hz/wishlist/ls/3Q8VZW46J6DM6 Get an extremely cool Pivot to AI shirt or mug: https://pivot-to-ai.redbubble.com Send in your story tips and non-slop sponsorship offers: dgerard@gmail.com Sources: Situational Awareness Tried to Sell Private Stakes Before Citadel Deal https://www.bloomberg.com/news/articles/2026-07-31/aschenbrenner-tried-to-sell-private-stakes-before-citadel-deal SITUATIONAL AWARENESS: The Decade Ahead https://situational-awareness.ai/ Leopold Aschenbrenner's SITUATIONAL AWARENESS predicts we are on course for Artificial General Intelligence (AGI) by 2027 https://x.com/IvankaTrump/status/1839002887600370145 Situational Awareness is a global equity investor focused on Artificial Intelligence (AI) https://situationalawarenesslp.com/ How Leopold Aschenbrenner, the 'golden child' of the AI trade, was laid low https://www.ft.com/content/620bd668-d112-412d-aa52-22489b128d55 Inside the Meltdown of a Wunderkind's A.I. Hedge Fund https://www.nytimes.com/2026/07/31/business/situational-awareness-leopold-aschenbrenner.html Citadel Buys Situational Awareness's Stock Portfolio After Big Losses in AI https://www.wsj.com/finance/citadel-buys-situational-awarenesss-stock-portfolio-after-big-losses-in-ai-5117159b Extras: Molly White Patreon preview (podcast and video): https://www.patreon.com/davidgerard/posts/molly-white-for-165282552 Molly White YouTube member preview: https://www.youtube.com/watch?v=3I3eVxKVtLE Full Pivot to AI playlist: https://www.youtube.com/playlist?list=UU9rJrMVgcXTfa8xuMnbhAEA