[LINK] Pluralistic: The real (economic) AI apocalypse is nigh (27 Sep 2025)

[Tom Worthington]

On 10/1/25 13:30, Kim Holburn wrote:
> https://pluralistic.net/2025/09/27/econopocalypse/#subprime-intelligence
> ....
> 
> ... bubble that's going to burst ...

If you think AI is a bad investment, don't invest in it, and check your 
super fund isn't.

Any AI crash will likely be a more limited version of the dot-com crash 
at the start of the millennium. It was problem for those who invested in 
it, particularly in the USA, but not so much for everyone else. 
https://en.wikipedia.org/wiki/Dot-com_bubble#Bursting_the_bubble

An AI crash will likely not as widespread in impact as the subprime 
mortgage crisis of the early 2000s. Investment in the mortgages was 
spread around the world. 
https://en.wikipedia.org/wiki/Subprime_mortgage_crisis

I worry more about another real-estate induced financial crisis. But on 
the plus side, the arms industry is booming (bumped into someone over 
drinks last night who is selling anti-drone guns). War is good for 
pulling the economy out of recession. ;-(


-- 
Tom Worthington http://www.tomw.net.au
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