this post was submitted on 08 Jul 2026
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51
Treasury Has an Internal Report Warning About the Dangers of an AI Bubble (www.notus.org)
submitted 8 hours ago by beep@piefed.world to c/technology@lemmy.world
2 comments fedilink hide all child comments
 

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 12 points 4 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.

[–] Antagnostic@lemmy.world 10 points 8 hours ago* (last edited 8 hours ago)

That feeling you get as the rollercoaster just starts to reach the top of the first hill. You knew you were going up the hill the entire time, you know the drop is coming. Your stomach just starts to get those butterflies and there isn't anything you can do about any of it cause you are strapped in.