Tag: economics
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The Treasury Just Called AI a Systemic Risk. Most People Missed It.
A draft report from Treasury Department analysts just hit the desk of the people who run the financial system. The message was clear: the AI market shares dangerous structural parallels with the dotcom bubble. Not just similarity. The report says AI firms are more deeply entrenched in the U.S. economy than their dotcom predecessors. A…
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Why OpenAI Just Pulled the Plug on Sora
Sora was the demo that made everyone pay attention. It was the one that felt real. But OpenAI just discontinued it. Web and app went dark on April 26. The API dies September 24. What happened? The honest version: it was too expensive to run at any volume that made money. Video generation burns GPU…