AI Bubble: 'We are facing multiple financial crises' [View all]

Hundreds upon hundreds of billions in debt and equity poured into something that so far produces little more than uninspired, cookie cutter term papers, buggy code, and some kind of weird porn genre. But if any one of the AI players pulls back on investment by a nickel, the bubble bursts, trillions in market cap evaporate, and the financial unwinding may be even worse than 2008. Aside from the huckster hype, it seems they got themselves in a financial trap. Whenever I hear an outside analyst or a company insider say "this better bloody work or...!" it's time to take your money and move to the exits. Rapidly.