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    AI boom faces a 9% of GDP test●"Believers in the # AI boom🚨need to take a very close look at this number: 9% of GDP. That's how much American businesseMmastodonWorldUS Politics52 min ago

    A widely shared argument holds that US businesses and consumers would eventually need to spend around 9% of GDP per year on services from companies like Anthropic and OpenAI to justify the enormous sums being invested in the AI boom. Critics point to that figure as evidence that current investment levels may be unsustainable, while AI supporters counter that demand for the technology could still grow fast enough to meet it.

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    MIT Technology Review argues that the summer's surge of AI announcements and predictions deserves skepticism, warning readers not to take the hype at face value. The piece cautions that bold claims about AI capabilities often outrun what the technology can actually deliver. Readers are debating whether current enthusiasm for AI reflects genuine progress or a repeating cycle of inflated expectations.