Drudge Retort: The Other Side of the News
Thursday, September 25, 2025

It's become trendy to compare the current rush of investment in AI to the "dot com" bubble of the past, but the comparison just keeps getting more apt. There's obviously the almost absurd level of investment that's hitting tech, with the broad tech sector now accounting for 34% of the S&P 500's market cap, but there's more as well.

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More from the OpEd ...

... For one, there are the ridiculous over-promises and the credulous investment managers who gobble them up, leading to inevitable backlash. It is no longer controversial for even respectable legacy financial publications to refer to the current situation as a bubble or to sound the alarm on the economic dangers that a bubble could pose.

We can't know yet whether this particular investment bubble will burst or merely deflate, but one thing seems clear: We don't have very long to wait before we find out. The past few weeks have seen a litany of negative headlines about AI, and for once, it's not just alarmist worries about unemployment or Skynet super-intelligence.

This time, people are questioning the specific claims that have historically helped certain people overlook AI's potential dangers. The two primary such claims to value are, in order of importance: It will make money, and it will help people. ...


#1 | Posted by LampLighter at 2025-09-25 12:24 AM | Reply

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