Big Business and the AI Bubble

In recent years we have seen AI become more and more advanced and pursued by tech companies around the world. After centuries of humans telling tales of artificial intelligence, we are the closest we've ever been to achieving this reality. Companies like Microsoft and Nvidia have seen massive boons in the stock market and are worth trillions of dollars. This bubble has been on a fast and large expansion in only a few years, and it has found its way into our daily lives. Whether it be ChatGPT, Microsoft Copilot, Google AI, or Meta, the AI space has become a part of the everyday on the internet. It has even stretched its reach into our politics. Current Vice President J.D Vance has had his entire career influenced and directly financed by Palantir founder, Peter Thiel. However, like all bubbles, sooner or later they pop and AI could have scary effects when it bursts. Businesses have sunken so much time and R&D and used up so many resources in environments, when the demand for AI slows down, people may face consequences out of their control. If not regulated by governments around the world with the weight to throw around, these businesses could quickly pull out of the AI space for whatever reason and turn the economy upside down in a way previously not seen before. 




 






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