💰 **AI Called the Largest Financial Bubble in History**
Cory Doctorow, writing in *The Telegraph*, argues that the AI industry is facing a catastrophic imbalance: investments exceed $1.4 trillion, while annual revenue is less than $60 billion. Unlike the internet, the current AI model increases losses with every new user.
🌍 A warning of a potential market crash, where 35% of the S&P 500 index is tied to seven companies, most of which are not yet generating profit from AI assets.
👤 The AI hype may face a harsh reality when investors demand real profits instead of the endless scaling of computing power.
Source 1: https://uk.news.yahoo.com/ai-greatest-money-wasting-scheme-060000837.html Source 2: https://www.telegraph.co.uk/news/2026/06/04/ai-is-the-greatest-money-wasting-scheme-humanity-has-ever-i/