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Futurism

Short Sellers Are Going Hog Wild Against SpaceX as Its Stock Craters OpenAI Appears to Be Missing Its Sales Goals by a Vast Margin There's a Gigantic Problem at the Heart of the AI Industry That Could Cause the Whole Thing to Collapse Data Centers Are Making Electricity Brutally Expensive for the Public AI Bubble Fears Are Starting to Spill Over Short Sellers Are Having a Field Day Betting Against SpaceX as Shares Continue to Slip SoftBank CEO Says You're Too Stupid to Understand What's Going on If You Believe the AI Bubble Is Real In Case You Still Think Insider Trading on Prediction Markets Isn't Real, Trump's Teleprompter Guy Just Got Busted for Getting Rich on Betting What He Would Say Prices Already Spiking at Trump's Mysterious Gas Stations That Promised Cheap Fuel OpenAI Strikes Bold Deal With Kalshi to Mix Together the Most Hated Technologies in Existence: AI and Prediction Markets The Economics of Data Centers Creating Jobs Are So Bad That They Sound Like a Joke CEO Pleads With AI Industry to Stop Charging So Much to Replace Human Labor Trump Suddenly Opens Dozens of Gas Stations Selling Suspiciously Cheap Fuel, and Experts Are Already Warning of Impending Disaster Execs Confused and Horrified by the Huge AI Bills After Thinking They Could Replace Workers for Free There's an Urgent Sign of an Impending Market Collapse Trump Fans Confused by How Their Investments in His Crypto and Stock Are Now Worth a Tiny Fraction While He's Getting Richer Grim New Prediction Market Lets Gamblers Bet on Raging Wildfires, Even as Families Flee in Terror Employees Are Using Their Jobs' Super-Expensive AI Tokens for the Most Hilariously Pointless Tasks Imaginable Softbank CEO Who's Invested $64 Billion in OpenAI Says It's "Blasphemy" to Mention the AI Bubble Americans Increasingly Alarmed About Tech Industry's Looming AI Bubble A New Type of Gambling Scandal Is Sweeping Through Sports Wall Street Terrified That SpaceX Investors Will Dump Their Stocks Texas Tech Quarterback's College Career Over After Getting Caught Betting on His Own Games $1 Million Polymarket Bet That Spain Will Win First World Cup Game Backfires Epically Consulting Firm's Report on How Awesome AI Is Found to Contain Idiotic AI Hallucinations Argentina Moves to Legalize “Non-Human Corporations” Run by AI Soccer Club Places Huge Kalshi Bet Against Itself The AI Bubble Has Become So Surreal That It’s Now Propping Up the Toilet Industry All These Galaxy-Scale IPOs Are Piling on Risk of an Economic Crisis Sports Betting Scandals Are Tearing College Football Apart Tesla Insiders Admit Self-Driving Is a Complete Disaster Debt Collectors Are Being Replaced With AI Agents Nintendo Is Completely Ignoring AI and Doing Fine Hackers Find That Inaudible Sounds Hidden in Podcasts or Random Videos Can Hijack Your AI Voice Chatbot Insiders at SoftBank Worry Their CEO Is Getting Conned by Sam Altman Man Drives Cybertruck Into Lake to Test Elon Musk’s “Boat” Claims, and It Went About as Well as You’d Guess SpaceX Stock May Actually Be a Horrendous Investment It Seems a Lot Like Trump Accidentally Invested $1 Million in a Conveyor Belt Sushi Restaurant Thinking It Was an AI Hardware Company Trump Caught Buying Tech Stocks and Then Pumping Their Value by Publicly Praising Them If You Used Insider Knowledge to Score Big on Polymarket, You May Now Be in Huge Trouble Crabby 82-Year-Old Politician Attacks 10-Year-Old Child for Thinking Electric Cars Are Cool Microsoft AI Researchers Just Discovered Something That’s Going to Make Their Bosses Extremely Mad Huge Analysis Finds That the Average Person Is Getting Absolutely Hosed on Polymarket James Cameron Accused of Stealing 14-Year-Old Girl’s Face for Main Character of Billion-Dollar “Avatar” Films Billionaire Declares That “Tax the Rich” Is Hate Speech That Offends Him Horribly If You Bet on Polymarket, This New Study May Cause You Physical Pain Mark Zuckerberg Just Got Shot Down by China, Again If You Thought Mark Zuckerberg 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Andreessen Horowitz Partner Quit Firm, Horrified by What His Old Colleagues Are Doing to Humankind
Joe Wilkins · 2026-06-13 · via Futurism

A photo illustration featuring a cut out of Andreesen Horowitz partner Marc Andreesen smiling.

Illustration by Tag Hartman-Simkins / Futurism. Source: Justin Sullivan / Getty Images

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Billionaire tech financier Marc Andreessen is facing some dissent awfully close to home.

In a blustery New York Times essay, John O’Farrell — former general partner at the mammoth investment firm Andreessen Horowitz — chastised his former colleagues in the tech industry for putting AI hype before the common good. As the first outside general partner ever hired by Andreessen Horowitz in 2010, O’Farrell’s departure is significant, and his warning for his former colleagues is telling.

“Some of the most powerful players in AI — led by some of my friends and former partners, to my great sadness — have raised hundreds of millions of dollars to forestall a more serious and meaningful debate about how AI should be governed,” O’Farrell wrote. “They have helped create political action committees to help defeat candidates who want strict regulations on AI and to promote those who can be counted on to stay out of their way. I believe this is a huge mistake.”

At the core of O’Farrell’s complaint is the fact that tech firms and their financial backers have invested unfathomable sums of money in an attempt to influence top US politicians who should, in a better system, be impartially regulating AI.

“I believe this attempted political infiltration by the AI industry will fail,” O’Farrell explained. “A backlash is building, and it will become fiercer when voters learn that a handful of billionaires are altogether spending nine figures, apparently in an effort to try to stop debates about regulation from further developing.”

Continuing, the former partner explained that he’d been approached by groups interested in exposing the tech industry’s effort to “buy political influence,” adding that he “may contribute my own money to these public awareness efforts.”

In an economy overwhelmingly driven by AI hype, O’Farrell’s defection is laudable — and a welcome sign that not everybody is as smitten with the buzzy new tech as it might seem, even longtime insiders at the nexus of tech and finance.

More on Marc Andreessen: Marc Andreessen Sputters Incomprehensibly at Question About How AI Will Actually Benefit Humankind