You May Already Be Bailing Out the AI Business
Analysis
The article from the AI Now Institute raises concerns about a potential AI bubble and the government's role in propping up the industry. It draws a parallel to the 2008 housing crisis, suggesting that regulatory changes and public funds are already acting as a bailout, protecting AI companies from a potential market downturn. The piece highlights the subtle ways in which the government is supporting the AI sector, even before a crisis occurs, and questions the long-term implications of this approach.
Key Takeaways
Reference
“Is an artificial-intelligence bubble about to pop? The question of whether we’re in for a replay of the 2008 housing collapse—complete with bailouts at taxpayers’ expense—has saturated the news cycle.”