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AI bubble could burst and take global economy with it, IMF warns
(www.theregister.com)
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this post was submitted on 21 Oct 2026
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Fuck AI
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The lack of progress is one thing.
The value for money is another: AI companies are still burning through vast sums of capital, while users are indeed using the products more and more... but still nowhere near at a price that would even cover the companies’ costs, let alone be profitable. If each token costs a few dollars, demand is likely to shrink significantly again... because as long as the systems operate stochastically and, logically, produce erroneous results, it may take a very large number of tokens to obtain a result that’s actually usable (this is especially true when using AI to replace workers whose tasks and skills you actually have no clue about).