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Mmastodon BusinessEconomy first seen 1 d ago, last 52 min ago, peak #1

Critics question Trump-aligned tech investors' AI economics

Original: Has the Trump cult of # broligarchs got an over inflated idea of industrial economics? With nearly all their eggs in the

Commenters are questioning whether the tech billionaires aligned with Donald Trump have an inflated view of industrial economics, arguing that their fortunes are concentrated in artificial intelligence and military applications. Critics describe the spending surge as a fear-and-greed-driven investment bubble in AI-powered weapons, warning it crowds out investment in wellbeing and sustainability.

Why now: Concerns are mounting that AI and defence spending among Trump-aligned tech elites amounts to an overheated investment bubble.

Donald Trumpbroligarchs

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