this post was submitted on 08 Jul 2026
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Treasury Has an Internal Report Warning About the Dangers of an AI Bubble (www.notus.org)
submitted 16 hours ago by beep@piefed.world to c/technology@lemmy.world
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cross-posted from: https://piefed.world/c/tech/p/1248102/treasury-has-an-internal-report-warning-about-the-dangers-of-an-ai-bubble

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[–] tacosanonymous@mander.xyz 14 points 13 hours ago

“The official position of the Secretary and the U.S. Treasury is that Artificial intelligence will be a key driver of America’s new Golden Age,” the spokesperson said. “AI has the potential to deliver unprecedented productivity gains, expand economic opportunity, and empower American workers and businesses.”

Yes, I’m sure the same 11 companies paying each other will create a glorious AI future.