







Even if the technology achieves its potential, plenty of people will lose their shirts
The AI spending boom could have real consequences for the U.S. economy
As revisions to U.S. jobs numbers call into question economic growth, Big Tech is becoming an even more important part of American prosperity.


Spending on AI Is at Epic Levels. Will It Ever Pay Off?
Tech companies are pouring hundreds of billions into data centers, taking on heavy debt, but current revenue is relatively tiny. Critics warn of a new dot-com bubble.
Timing Is Everything in the AI Bubble
This week's tech sell-off is a symptom of a deeper problem: no one knows when - or how - big tech's $1 trillion bet on AI is going to pay off.

AI is probably not a bubble
AI companies have revenue, demand, and paths to immense value

AI is probably not a bubble
AI companies have revenue, demand, and paths to immense value

Is Big Tech's AI Gamble Starting to Look Riskier? - Slashdot
The Washington Post looks at giant tech companies "feeding every available dollar into the cash-incinerating maw of AI machines." They warn "Tech superstars that once had oodles of cash left over at the end of each year are now flipping into the red..." [While optimists expect] huge corporate p...

Don’t Believe the Hype — or Doom — About AI
For America’s VC-dominated tech industry, AI hype isn’t just a crazy by-product — it’s a structural part of the US economy in which capital tries to write our destinies. We shouldn’t let it.

State of AI 2026 | The Industry-Defining Report
Explore how AI is shaping the digital economy in 2026, with 80+ pages of data on ad spend, app downloads, web behavior, user demographics, and so much more.

AI Is A Money Trap
In the last week, we’ve had no less than three different pieces asking whether the massive proliferation of data centers is a massive bubble, and though they, at times, seem to take the default position of AI’s inevitable value, they’ve begun to sour on the idea that

People Loved the Dot-Com Boom. The A.I. Boom, Not So Much.
Tech leaders are beginning to worry about the public’s underwhelming enthusiasm for their plans to remake the world with artificial intelligence. Will that burst the bubble?

AI FOR EPISTEMICS & COORDINATION
Civilization and technology have radically improved the human condition. Nonetheless, the world sometimes goes in directions which essentially nobody would prefer — e.g., nuclear arms races, unexpected financial crashes, predatory marketing, or ubiquitous political misinformation.
Why the tech industry can't keep up with the AI backlash
AI's externalities are growing faster than the industry can address them

Tech companies are cutting jobs and betting on AI. The payoff is far from guaranteed
AI experts say we’re living in an experiment that may fundamentally change the model of work

1/7 Proud to share our paper, accepted as an oral at ICML '26! We highlight how Big Tech’s influence on AI R&D drives damaging outcomes, and what we as researchers can do about it. We also discuss underlying economic causes. See link for paper, and below for a brief summary arxiv.org/abs/2512.03077
read the article making this argument and it just reinforced the 3d printing analogy. the industry hype with AI is 100x larger, but the pattern was a similar "this is going to change humanity" to "this is going to revolutionize specific industries" to "this will be a fun hobby for eccentrics"
Adam Conover
I’m sorry but “everyone is going to use AI to code their own apps” sounds like “everyone is going to learn HTML and code their own websites.“ like … have you met people? no they’re not