A good question is AI in a bubble, and if so when will it pop?
An economic report suggests that about a third of the 50 states are going sideways (stagnating), a third are in a recession, and a third is growing. The writer suggests if AI pops there goes the economy. Mentioned that the end of 2025 and the beginning of 2026 is vulnerable because tariffs will have developed their full impact, Overall about a 50% chance of recession.
Know that New York and California account for 20% of GDP. That’s 20% of the economy, and it was mentioned that New York and California are stagnating. My side note is that these are two highly populated states, and immigrants represent or represented a large part of their economies.
IMHO immigration policies are kinda killing the two geese that lay the golden eggs.
Gas is $3.839 at my Mobil local reference station (Premium).
As Data Centers build up it seems electric rates are increasing. Simple supply and demand, but pretty much the general public indirectly is paying for electrical infrastructure that subsidizes AI.
Heard a report that some tech companies actually now sell electricity to add onto the grid. What happens if AI is not cost feasible?
With AI there is lots of jumping the shark. Unemployment will increase because of AI. Already is happening, I know software coder that was laid off recently, basically AI’ed.
Cal