So Ed Zitron has been digging into the numbers behind the AI Bubble and coming away pessimistic and, unusually, I actually think he’s downplaying the risks a bit because much of them are hard to quantify as hard numbers
https://www.wheresyoured.at/wheres-the-money/
- The only plausible growth story today for the stock market as a whole is magical “AI” productivity growth. What happens to the market when that story fails?