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Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’ (fortune.com)

submitted 1 day ago by cm0002@lemmy.zip to c/usa@midwest.social

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The entire US economy right now is 7 companies sending a trillion fake dollars back and forth to each other, but it's totally not a bubble according to grampa Powell.

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[–] Doomsider@lemmy.world 12 points 1 day ago

We are experiencing the equivalent of the invention of the nuclear bomb for propaganda. Artificial agents that can manipulate people in ways we won't understand fully for decades. We are fighting for the human mind right now and no one is talking about it except j4k3.