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canopic jug [soylentnews.org] writes:

Jacobin has an interview with Cory Doctorow about the pending implosion of the AI bubble [jacobin.com]:

Worrying about whether AI can do your job is a blind alley, Cory Doctorow argues. The real danger is AI’s bubble: a speculative fantasy built on convincing bosses to replace workers with systems that can’t actually do what their salesmen promise.

One additional factor is that tech workers failed to unionize while they had the upper hand in the early decades of the WWW. Now those chickens are coming home to roost.

Previously:
(2026) Anthropic Eyes an IPO as Big Tech's AI Cash Crunch Comes for Wall Street [soylentnews.org]
(2026) OpenAI Secures Record $110 Billion Funding Round Backed By Amazon, Nvidia, and SoftBank [soylentnews.org]
(2025) AI Coding is Massively Overhyped, Report Finds [soylentnews.org]
(2024) US Stock Plunge: Could The AI Bubble Burst? [soylentnews.org]
... and many more.

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