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The AI bubble could burst — and take the economy with it - The Boston Globe
(www.bostonglobe.com)
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this post was submitted on 01 Aug 2026
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So the top 7 companies hedged their entire futures on something unsustainable? In the last 12 months Oracle already laid off over 50,000 employees to bottom-line their AI goals (30,000 ish and 21,000ish a couple weeks ago).
Are we at the point of stocking up on materials and pulling $$ from banks for the inevitable collapse?