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fromChrbutler
1 week ago

What AI is Really For - Christopher Butler

The best case scenario is that AI is just not as valuable as those who invest in it, make it, and sell it believe. This is a classic bubble scenario. We'll all take a hit when the air is let out, and given the historic concentration of the market compared to previous bubbles, the hit will really hurt. The worst case scenario is that the people with the most money at stake in AI know it's not what they say it is.
Artificial intelligence
fromWIRED
1 week ago

'Odd Lots' Cohost Joe Weisenthal Has Predictions About How the AI Bubble Will Burst

AI's future underpins much of the US economy, affecting finance beyond large investments and influencing market indicators, US-China competition, and broader economic stability.
fromThe New Yorker
2 weeks ago

Andrew Ross Sorkin on What 1929 Teaches Us About 2025

When President Donald Trump began his tariff rollout, the business world predicted that his unprecedented attempt to reshape the economy would lead to a major recession, if he went through with it all. But the markets stabilized and, in recent months, have continued to surge. That has some people worried about an even bigger threat: that overinvestment in artificial intelligence is creating a bubble.
Artificial intelligence
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