alt Hacker NewsThe problem with this prediction is that the AI hype bubble is the economy - or one third of it, at least. Seeing as the economy is not 50% larger than it was before the bubble, we should be scared of what exited the economy to make room for it, and what will happen to our jobs when it pops.
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anotha_one • today at 12:25 PM
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> the AI hype bubble _is_ the economy - or one third of it, at least.
The closest claim to this I could find was:
> the top ten stocks account for more than one-third of the value of the US Market Index, which contains 1,161 companies.
And while the top ten stocks are largely companies that work on AI, it's not all they do: Microsoft, Meta, Amazon, Apple...