Over the last few years, artificial intelligence (AI) has become extremely popular in Silicon Valley and is widely regarded as the most transformative technology in the 21st century. In fact, it is already reshaping sectors like education, transportation, finance, health care, media, and telecommunications. Indeed, it is estimated that about 60 percent of jobs in advanced economies may be impacted…
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New? Babe, the first one has happened and is still ongoing (in the US). If you cut out the circular AI pump and dump from the US economic growth, there’s only been a 0.1% change in growth.
When the first player cashes out, it’s Depression ho!