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AI’s wild ride: From lawyers submitting fake facts to Burry’s warning on Wall Street and the true cost of digital companions. Your 5-min AI reality check is here!



📚 Show Notes and APA Citations

Stories Covered:

  1. AI Legal Hallucinations: Lawyers citing fake case law created by chatbots.
  2. AI Stock Bubble Warnings: Michael Burry’s bearish bet and market bubble warnings.
  3. Ethical AI Companionship: Concerns and tragic examples of the emotional risks of AI relationships.

APA 7th Edition References

  • American Bar Association Standing Committee on Ethics and Professional Responsibility. (2024). Formal Opinion 512: The Use of Generative Artificial Intelligence in the Practice of Law. American Bar Association.
  • Governor Newsom’s Office. (2025, September 29). Governor Newsom signs SB 53, advancing California’s world-leading artificial intelligence industry. State of California.
  • Klarna. (2025). Klarna AI assistant takes on the equivalent of 700 full-time agents and drives efficiency. (As cited in various news reports, including Financial Times).
  • Rometty, G. (2025). Quote on AI and the workforce. (As cited in Time Magazine).
  • Shank, D. B. (2025). Psychologists explore ethical issues associated with human-AI relationships. News-Medical.net.
  • Unchained, C. (Michael Burry). (2025, October 31). Sometimes, we see bubbles… sometimes the only winning move is not to play [Tweet]. X. (As cited in The Economic Times).

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