SMRTR AIJun 23, 2026Ars Technica

How to burst the AI bubble: Strike at its roots

SMRTR summary

Tech journalist and sci-fi author Cory Doctorow argues in his new book that AI is the largest money-losing bubble in human history, with $1.4 trillion in global spending against just $50 billion in annual revenue. He warns the inevitable crash will be painful but may leave behind cheap GPUs and talented engineers.

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