Hot take: the AI bubble already burst, and what we're experiencing now is the bailout. "Patriotic tech" is one of the forms it's taking.
It seems to me that, as with the still ongoing COVID pandemic that very few recognize as such, the looming asset collapse and economic recession we're living through in the US is not perceived because it's not talked about as such, and therefore might as well not be happening.
#US #USPol #USEconomy #AI #bubble #recession #COVID #COVIDPandemic
Tofu Musubi
boosted
US stocks tumbled over 1% as a Citrene Research report warned that rapid AI adoption could trigger mass layoffs, a recession, and a 38% S&P 500 plunge by 2028, fueling renewed market fears alongside tariff uncertainty.
#YonhapInfomax
#CitreneResearch #ArtificialIntelligence #SP500 #USStockMarket #Recession
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106457
US stocks tumbled over 1% as a Citrene Research report warned that rapid AI adoption could trigger mass layoffs, a recession, and a 38% S&P 500 plunge by 2028, fueling renewed market fears alongside tariff uncertainty.
#YonhapInfomax
#CitreneResearch #ArtificialIntelligence #SP500 #USStockMarket #Recession
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106457