







As revisions to U.S. jobs numbers call into question economic growth, Big Tech is becoming an even more important part of American prosperity.
Big Tech’s A.I. Spending Is Accelerating (Again)
Despite the risk of a bubble, Google, Meta, Microsoft and Amazon plan to spend billions more on artificial intelligence than they already do.

AI boom means US is now ‘investing more’ in fossil-fuel power than China - Carbon Brief
The “data-centre boom” is driving a surge in gas investment in the US, pushing its fossil-power spending ahead of China, according to the IEA

AI Data Centers: Big Tech's Impact on Electric Bills, Water, and More via @ConsumerReports
Massive data centers are gobbling up resources across the United States. The boom has just begun—and you may be paying for it.
What if the $3trn AI investment boom goes wrong?
Even if the technology achieves its potential, plenty of people will lose their shirts

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.
AI boom has caused same CO2 emissions in 2025 as New York City, report claims
Study author says tech companies are reaping benefits of artificial intelligence age but society is left to pay cost

Will AI Destroy the Economy? (According to Economists: No.) | AI Reality Check | Cal Newport
The AI productivity myth is more harmful than you think
Perceived productivity may be up thanks to AI, but there's debt collecting in the shadows.

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?

Technological Disruption in the US Labor Market • The Aspen Institute Economic Strategy Group
DAVID DEMING, CHRISTOPHER ONG, LAWRENCE H. SUMMERS This paper explores past episodes of technological disruption in the US labor market, with the goal of learning lessons about the likely future impact of artificial intelligence (AI). The authors measure changes in the structure of the US labor market going back over a century in two ways. ...

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.

Jefferies’ Chris Wood Warns of ‘Massive Capital Destruction’ From US AI Boom
The most likely long-term outcome of the AI boom will be massive capital destruction in the US, with market share going to cheaper open-source Chinese models, according to Jefferies Financial Group Inc.

The real AI economy is being built by ordinary people
Far from Silicon Valley pitch decks, workers across Asia and Africa are bypassing tech industry hype to quietly rewire their daily jobs — one prompt, workflow, and local problem at a time.

The loudest warning about AI and jobs yet
200 economists and AI leaders say something big is happening. What should we do about it? Plus: Apple sues OpenAI

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
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