Investors have created their own little Keynesian stimulus package by dumping money into AI. It’s the only reason the US economy hasn’t been contracting the last few months.
When this bubble pops, it’s going to hurt. Bad. But it has to pop, and the sooner it happens, the better.
Investors have created their own little Keynesian stimulus package by dumping money into AI. It’s the only reason the US economy hasn’t been contracting the last few months.
When this bubble pops, it’s going to hurt. Bad. But it has to pop, and the sooner it happens, the better.