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AI Bubble Warning from Cory Doctorow | Australia News
Description
Cory Doctorow warns that the AI boom is a fragile bubble fueled by Gulf funds and billionaire investments, risking a crash if funding wobbles. He cautions that companies replacing human workers with AI will face a brutal reckoning, as specialized expertise can’t be easily replicated. For creatives, he argues copyright won’t fix the core problems — labor laws should be the focus to empower workers over AI use and output. He urges governments to pause AI investments and instead build on open-source models. Doctorow envisions a future with practical, manageable AI tools — not the overhyped, unstable mega-systems dominating today’s hype.
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