Goldman Sachs says AI's impact on the US economy was "basically zero" last year
Rumblings of an AI bubble continue to fester
Satya Nadella warns AI must go mainstream to avoid becoming a bubble
For the first time, Nadella acknowledges LLMs and chatbots could indeed be a bubble
Why Silicon Valley is losing faith in the American dream
The same forces driving record valuations are fueling doubts about middle-class survival
Analysts predict PC market will grow in 2025 despite recent quarterly declines
Consumers spending is up, commercial dipped slightly, and government is way down
The economy is pushing US consumers and corporations to cling to outdated hardware
Americans want to upgrade their phones every 16 months. They're doing it every 29
Sundar Pichai says AI boom shows irrational investment, but Google can weather the coming storm
Don't worry, Big Tech has the money to burn
OpenAI is booming, but some say it's becoming "too big to fail"
OpenAI's surge tests tech's tipping point
Nvidia, one of the few companies profiting from AI, claims there is no AI bubble
New deals come as rivals challenge Nvidia's grip on AI data centers
Investors continue to sound the alarm on the inevitable burst of the AI bubble
Bottom line: Despite Big Tech pouring trillions into AI initiatives and building massive new data centers, the expected returns may never materialize. Analysts warn that the hype far outpaces reality, creating a precarious financial bubble that could have ripple effects across the broader economy.
Nearly all US growth in 2025 tied to AI and data center-related capital spending
Big tech data center spending nears $400 billion after fourfold surge
OpenAI and Nvidia's mega-deals fuel an AI arms race – and fears of a circular bubble
Analysts see echoes of the late '90s, when startups inflated growth through circular deals
The AI bubble is the only thing keeping the US economy together, Deutsche Bank warns
When the bubble bursts, reality will hit far harder than anyone expects
Federal Reserve chair, other economists warn college graduates face difficult hiring challenges
AI may be weighing on entry-level hiring but Powell points to a broader slowdown as well
Every first-party Nintendo Switch 2 game will cost $70 or $80 – even the old ones
Nintendo cites upgrades, inflation, and tariffs as reasons for the higher prices
The new space race: building a sustainable economy on the moon
Private companies spearhead lunar resource exploration and utilization
Dropbox lays off another 500+ employees as demand softens
The tech industry has seen 142,500 layoffs this year so far
International Monetary Fund warns AI "tsunami" could impact 6 out of 10 jobs in advanced economies
A hot potato: We're used to hearing warnings from industry experts about how AI will affect the jobs market, but the latest prediction carries extra weight as it comes from the head of the IMF. Dr. Kristalina Georgieva says AI is hitting the global labor market "like a tsunami," likely to impact 6 out of every 10 jobs in advanced economies.
DARPA and Northrop Grumman are exploring the concept of a lunar train and railroad system
A train to transport humans and supplies while boosting the Moon's economic prospects
This is how much each minute of internet downtime would cost tech giants and different countries
Illustrating our reliance on the internet
Consumer tech spending resilient amid economic uncertainty, new survey reveals
More people would give up streaming services before tech purchases
Dropbox blames AI and the economy for laying off 500 people
AI indirectly takes more jobs
Apple is the biggest loser as weak demand crashes global PC shipments
But things could get better at the end of 2023
Economic woes see IDC lower worldwide IT spending forecast for fifth consecutive month
Things aren't getting better, unfortunately
Global DRAM market revenue hit 2008 lows in the fourth quarter
Micron is accelerating layoff plans