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If the AI Bubble Does Burst, Taxpayers Could End up with the Bill
Gary Marcus warns AI hype inflation risks causing financial losses and liquidity issues, potentially affecting large AI infrastructure like 33 MW data centers in Vernon, California.
Summary by Phys.org
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If the AI bubble does burst, taxpayers could end up with the bill
You might not care very much about the prospect of the AI bubble bursting. Surely it's just something for the tech bros of Silicon Valley to worry about—or the wealthy investors who have spent billions of dollars funding development.
·United Kingdom
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The former AI chief at Uber has a warning for stock investors betting big on the technology
An aerial view of a 33 megawatt data center in Vernon, California.Mario Tama/Getty ImagesAI is definitely a bubble, Gary Marcus, the former head of Uber AI Labs, says.Marcus said he had a few predictions for what could happen when the AI hype fizzles.The worst-case scenario involves the government spending up to a trillion to bail out AI firms, in his view.The stock market's AI mania might not end well. That's a possibility being turned over in …
·United States
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Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
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