"We have a 2000s housing bubble level of financial engineering on top of a 1920s level of private unregulated lending on top of something bigger than a 1990s internet (or 1870s railroad) level of technology and infrastructure build-out." prospect.org/2025/11/19/a...
The AI Bubble Is Bigger Than You Think - The American Prospect
It’s not just OpenAI that looks overhyped. There’s a whole mountain of sketchy financial engineering underneath.
