Planet Money gets AI wrong (again)
In its ongoing quest to provide cover for the AI bubble, Planet Money ignores the fact that rigged markets aren’t efficient and that data centers built specifically for AI are useless for anything else.
Tag Archives: economics
On fleeing the stock market during the Second Great Depression
Cross-posted from: Do you think as the economy spiraled into the toilet in 1929, people were telling investors with money in the stock market, “Just ride it out. You’ll be fine. The fundamentals of the economy are strong. Trying to time the market is a fool’s bet.” That’s what people said when I started saying… Read More »