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    Cory Doctorow warns AI bubble: $50bn revenue vs $1tn spending●FYI: Cory Doctorow puts AI revenue at $50bn against $1tn of spending: US investors have 35% of stock value riding on sevMmastodonTechnologyAI222 min ago

    Writer and EFF activist Cory Doctorow says the AI industry generates roughly $50bn in revenue against $1tn in spending, warning that US investors have 35% of stock market value tied up in just seven AI firms. Writing on September 11, he questions what a burst of the bubble would cost the advertising platforms currently funding the boom. The figures are fueling debate about whether AI investment is unsustainable.