“The AI bubble wobbles more precariously by the day. Some bubbles, like that of the dot-com crash, end up being positive in the long run, despite the short-term economic pain of it bursting. But some, like the 2008 housing bubble, leave permanent scars on the economy and can knock an entire industry off its growth trajectory for years. To date, the U.S. housing industry has not recovered to pre-2008 growth trend lines, a major contributor to the housing crisis gripping the U.S. That is the fire that the tech industry is playing with today.”
https://prospect.org/power/2025-03-25-bubble-trouble-ai-threat/
halalmoney /
npub1vd…97rjz
2025-03-25 16:24:29
Author Public Key
npub1vdaz78d96t7pjakpfmqqlr4wgq26l6vmkf25782n05qgdgtfmk8s297rjzPublished at
2025-03-25 16:24:29Event JSON
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"content": "“The AI bubble wobbles more precariously by the day. Some bubbles, like that of the dot-com crash, end up being positive in the long run, despite the short-term economic pain of it bursting. But some, like the 2008 housing bubble, leave permanent scars on the economy and can knock an entire industry off its growth trajectory for years. To date, the U.S. housing industry has not recovered to pre-2008 growth trend lines, a major contributor to the housing crisis gripping the U.S. That is the fire that the tech industry is playing with today.”\n\nhttps://prospect.org/power/2025-03-25-bubble-trouble-ai-threat/",
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}