AOC Warns We May Be in a 'Massive' AI Bubble with '2008-Style Threats to Economic Stability'

Ocasio-Cortez Says ‘We Should Not Be Entertaining a Bailout’ of AI Industry as Bubble Fears Grow

Alexandria Ocasio-Cortez” by Gage Skidmore is licensed under CC BY-SA 2.0. In one of the scariest moments in modern history, we're doing our best at ScheerPost to pierce the fog of lies that conceal it but we need some help to pay our writers and staff. Please consider a tax-deductible donation. Rep. Alexandria Ocasio-Cortez said no government rescue of artificial intelligence firms “as healthcare is being denied to everyday Americans.” By: Jake…

AOC warns we may be in a 'massive' AI bubble with '2008-style threats to economic stability'

"We're talking about a massive economic bubble," Ocasio-Cortez said at a hearing on Tuesday. "We could see 2008-style threats to economic stability."AP Photo/Stephanie ScarbroughAOC says we could be in the midst of a "massive" bubble driven by AI companies.She also said that if a bubble were to pop, the federal government should not bail out AI companies.She's among the first members of Congress to publicly raise concerns about the issue.Rep. Al…

Ocasio-Cortez Says ‘We Should Not Be Entertaining a Bailout’ of AI Industry as Bubble Fears Grow

Rep. Alexandria Ocasio-Cortez said no government rescue of artificial intelligence firms "as healthcare is being denied to everyday Americans."

AOC Sounds Alarm on AI’s ‘Massive’ Bubble, Vows No Bailouts Amid 2008 Echoes

In a fiery congressional hearing, Rep. Alexandria Ocasio-Cortez (D-N.Y.) didn’t mince words about the artificial intelligence boom, labeling it a potential ‘massive’ economic bubble with risks reminiscent of the 2008 financial crisis. Drawing on recent market trends and expert analyses, she urged lawmakers to resist any calls for government bailouts if the sector implodes, prioritizing everyday Americans over corporate giants. The warning came d…