2026-10-21 13:23 UTC
AI bubble could burst and take global economy with it, IMF warns
AI investment has helped keep markets and economic growth ticking along, but the IMF fears the boom could quickly turn to bust if the promised profits fail to materialize. With tech giants borrowing billions and investors piling into the same handful of companies, a selloff could leave more than just Silicon Valley nursing a hangover.
Replies (3)
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@Tollana1234567@lemmy.today 2026-10-22 04:39
thats rich coming from the IMF.
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@heartSagan5@lemmy.zip 2026-10-22 04:53
DUH
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@Xerxos@lemmy.ml 2026-10-22 09:51
The whole AI bubble is just one big bet: “AGI is around the corner and will replace all white collar jobs” Now, LLMs get slowly better but aren’t AGI and it’s unclear if our current approach is even capable of reaching AGI. Sadly the US went ‘all-in’ on the bet and everyone except the ultra rich will feel the pain.