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> "The collapse of the AI bubble is going to be ugly.
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> "The collapse of the AI bubble is going to be ugly. Seven AI companies currently account for more than a third of the stock market, and they endlessly pass around the same $100bn IOU."
And if you're interested in what "vulgar Thatcherism" refers to, you should give this one by @pluralistic a good read:
AI companies will fail. We can salvage something from the wreckage | Cory Doctorow
AI is asbestos in the walls of our tech society, stuffed there by monopolists run amok. A serious fight against it must strike at its roots
the Guardian (www.theguardian.com)
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