The AI Bubble Isn't New—Karl Marx Explained the Mechanisms Behind It Nearly 150 Years Ago

The AI Bubble Isn’t New — Karl Marx Explained The Mechanisms Behind It Nearly 150 Years Ago

When OpenAI’s Sam Altman told reporters in San Francisco earlier this year that the AI sector is in a bubble, the American tech market reacted almost instantly. The post The AI Bubble Isn’t New — Karl Marx Explained The Mechanisms Behind It Nearly 150 Years Ago appeared first on Study Finds.

The AI bubble isn't new—Karl Marx explained the mechanisms behind it nearly 150 years ago

When OpenAI's Sam Altman told reporters in San Francisco earlier this year that the AI sector is in a bubble, the American tech market reacted almost instantly.

The AI Bubble Isn’t New — Karl Marx Explained The Mechanisms Behind It Nearly 150 Years Ago - Stuff South Africa

When OpenAI’s Sam Altman told reporters in San Francisco earlier this year that the AI sector is in a bubble, the American tech market reacted almost instantly. Combined with the fact that 95 per cent of AI pilot projects fail, traders treated his remark as a broader warning. Although Altman was referring specifically to private startups rather than publicly traded giants, some appear to have interpreted it as an industry-wide assessment. Tech b…

Is the AI bubble going to burst?

All anyone wanted to talk to me about during the Friendsgiving and Thanksgiving get-togethers was AI. “Can I use AI to make money?” Yes. “I love ChatGPT more than my wife.” You need a therapist. “I think all AI is all BS.” No, it’s not.  But the question I heard the most was, “Is this AI bubble going to burst like the dot-com mess did?” So I know you might be wondering the same thing. It’s December, a time when Wall Street is usually in full pep…

AI Boom Echoes Dot-Com Bubble, Raising Stability Concerns

The AI investment surge is creating fault lines reminiscent of the dot-com bubble, raising critical questions about the stability of the AI economy. As capital floods into data centers and infrastructure, the gap between hype and fundamentals widens, echoing the unsustainable growth of the late 1990s internet boom. The surface may appear calm, but beneath it, opposing forces are grinding together… Source