Microsoft's AI-fueled 4 trillion valuation highlights the massive impact of the AI bubble on the US economy. AI investments are now acting as a private sector stimulus, contributing more to US economic growth than consumer spending. However, a clear and sustainable business model remains elusive. In many ways, the current AI boom mirrors the dynamics of the dot-com era.
https://www.bloodinthemachine.com/p/the-ai-bubble-is-so-big-its-propping
