The AI Bubble Is Built on a $1 Trillion Delusion
LUMO AI Try it free https://www.proton.me/lumo/economicshelp The five largest hyperscalers are spending $1 trillion on AI investment across this year. It dwarfs the investment of previous bubbles. That's a lot of money for an industry with no track record of making significant profit. 0:00 Bubble 2:20 Exuberance of AI Fades 4:38 Someone Must be Wrong 6:58 What about Costs? 9:10 SpaceX ► Please SUBSCRIBE! https://www.youtube.com/c/economicshe... Sources: https://tech.yahoo.com/ai/articles/to... https://tech.yahoo.com/ai/articles/an... https://www.wheresyoured.at/the-ai-in... https://www.ft.com/content/e81ce414-e... https://finance.yahoo.com/markets/sto... https://fortune.com/2026/06/29/bis-ce... https://www.inkl.com/news/meta-employ... ABOUT ----------- ► https://www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including: ► Economic Short Cuts https://amzn.to/3IgxupC ► 50 Essential Economic Ideas https://amzn.to/3IgxndG ► Cracking Economics. https://www.economicshelp.org/shop/cr... ► What Would Keynes Do? Amazon https://amzn.to/2xShqq4 ► Economics Without the Boring Bits https://amzn.to/48T1hA9
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