Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (48123)	10/5/2025 11:33:54 AM
From: Les H	Read Replies (1) \| Respond to of 48861

Cory Doctorow Says the AI Industry Is About to Collapse "So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst and take the whole economy with it?" By Joe Wilkins Published Oct 3, 2025 7:03 PM EDT When it comes to tech doomsaying, few are as cynical — orprescient — as sci-fi author and tech journalist Cory Doctorow. His far-sighted blend of tech criticism and class analysis has found Doctorow time and again at the bleeding edge of commentary on our techno-capitalist society. In many ways, his screeds on topics like tech broligarchs and enshittification broke the mold to allow room for the kind of tech-critical reporting being done by media projects like Tech Policy Press and 404 Media, or the podcasts“ Tech Won’t Save Us,” and “ Better Offline.” For better or worse, Doctorow’sinsights have often been a much-needed mirror into our society’s complicated relationship with tech corporations. Now, in a recent essay posted on his blog Pluralistic, Doctorow warns of the impending collapse of the AI industry — a hype-fueled financial disaster that he says it’s too late to avoid. In his essay, Doctorow recounts a conversation he had with an undergraduate student after delivering a lecture on the AI bubble, in which he reiterated that AI investors are propping up the US economy. “So, you’re saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that’s going to burst and take the whole economy with it?” the student asked fearfully. “Yes, that’s right,” the tech critic responded. “Okay, but what can we do about that?” futurism.com The way to become profitable is to embed AI in everything as internet-of-things and charge royalties or a subscription, a data center tax because they've intentionally embedded AI in every software. The government already pays a per-search fee on their contracts. It's only possible because a few companies (4 or 5) dominate as gatekeepers.