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Dec 30, 2023

Cory Doctorow Blasts AI as a Fraud-Filled Bubble

Posted by in categories: finance, robotics/AI

Renowned journalist and science fiction author Cory Doctorow is convinced that the AI is doomed to drop off a cliff.

“Of course AI is a bubble,” he wrote in a recent piece for sci-fi magazine Locus. “It has all the hallmarks of a classic tech bubble.”

Doctorow likens the AI bubble to the dotcom crisis of the early 2000s, when Silicon Valley firms started dropping like flies when venture capital dried up. It’s a compelling parallel to the current AI landscape, marked by sky-high expectations and even loftier promises that stand in stark contrast to reality.

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