Description
The artificial intelligence boom is showing clear signs of cracking, from massive tech layoffs to falling stock valuations and skyrocketing power bills for everyday consumers.
As tech giants invest hundreds of billions into data centers and infrastructure while cutting tens of thousands of jobs, who really pays the price when the bubble bursts?
Thom Hartmann breaks down how the current AI speculation boom mirrors past financial crashes, why corporate monopolies are seeking government bailouts, and what happens to working-class families and the economy when labor power is systematically stripped away.
Image by haniaipics from Pixabay
00:00 - AI Bubble Signs
01:02 - Big Tech Layoffs
02:30 - Tech Oligarchs
03:52 - Labor vs Automation
04:28 - Financial Crashes
06:07 - Public Bailouts
06:53 - Power Bill Hikes
08:35 - Future of Labor
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