Is an artificial-intelligence bubble about to pop? The question of whether we’re in for a replay of the 2008 housing collapse—complete with bailouts at taxpayers’ expense—has saturated the news cycle. For every day that passes without disaster, AI companies can more persuasively insist that no such market correction is coming. But the federal government is already bailing out the AI industry with regulatory changes and public funds that will protect companies in the event of a private sector pullback.
Read AI Now’s op-ed here.
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