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Cory Doctorow warns AI bubble: $50bn revenue vs $1tn spending

Original: FYI: Cory Doctorow puts AI revenue at $50bn against $1tn of spending: US investors have 35% of stock value riding on sev

Writer and EFF activist Cory Doctorow says the AI industry generates roughly $50bn in revenue against $1tn in spending, warning that US investors have 35% of stock market value tied up in just seven AI firms. Writing on September 11, he questions what a burst of the bubble would cost the advertising platforms currently funding the boom. The figures are fueling debate about whether AI investment is unsustainable.

Why now: Concerns are mounting that AI valuations form an investment bubble comparable to the dot-com crash.

Cory DoctorowElectronic Frontier FoundationUS stock marketAI industry

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Evidence

• FYI: Cory Doctorow puts AI revenue at $50bn against $1tn of spending: US investors have 35% of stock value riding on seven AI firms, the EFF activist said on September 11. What would a burst cost the ad platforms paying for it? https:// ppc.land/cory-doctorow-puts-ai… · ppcland · 2

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