The AI Bubble: A Coming Economic Apocalypse?
In a world saturated with AI discussions, one professor’s summer project stands apart. Cory Doctorow’s upcoming book, The Reverse Centaur’s Guide to AI (2026), tackles a pressing issue: the unsustainable AI bubble threatening our economy. Here’s a glimpse into its central thesis:
- Reality Check on AI: Companies are trapped in a cycle of unprofitability while seeking new sectors to pivot to, like “super-intelligence.”
- Impact on the Workforce: Many jobs may vanish, replaced by AI that fails to perform adequately, leaving humans merely as “AI babysitters.”
- Economic Warning: An impending crash looms, potentially devastating jobs and wealth.
- Critical Insights: The AI investment landscape is akin to historical economic bubbles, with inflated valuations and dubious financial practices.
As we brace for the repercussions, it’s vital to stay informed and ready.
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