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AI boom risks global financial crash, warn central bankers

Hacker News Top · yesterday

Central bankers warn that the rapid growth of AI could lead to a global financial crash if not properly regulated.

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#ai-boom

The Download: record-breaking subsea tunnels and flexible data centers

MIT Technology Review · 2026-06-22 Cached

A newsletter covering the world's deepest subsea tunnel and how flexible data centers could ease grid strain from AI.

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#ai-boom

@rohanpaul_ai: Goldman Sachs: "Token use by AI agents is expected to multiply 24 times by 2030" AI agents are now creating the first s…

X AI KOLs Timeline · 2026-05-30 Cached

Goldman Sachs predicts AI agent token use will multiply 24 times by 2030, citing cost concerns as Uber and Microsoft rethink expensive agent usage, highlighting a key challenge for the AI boom.

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#ai-boom

San Francisco has embraced the future before. Why does AI feel different?

Reddit r/ArtificialInteligence · 2026-05-26 Cached

The article reflects on the prevalence of AI advertising in San Francisco and questions whether the AI boom will reshape the city or if the city's unique character will influence the development of AI.

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#ai-boom

Taiwan Overtakes India as World’s 5th Largest Stock Market

Reddit r/ArtificialInteligence · 2026-05-26 Cached

Taiwan's stock market overtook India to become the world's fifth largest, fueled by TSMC's 46% surge and the AI chip boom, adding nearly $2.5 trillion in value.

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#ai-boom

BofA says you'll be 10x more productive with AI. Ignore the 0.1% result so far

Reddit r/ArtificialInteligence · 2026-05-26 Cached

Bank of America claims AI will eventually deliver a 10x productivity boost over current levels, but acknowledges that current economy shows only 0.1% impact, highlighting a gap between micro-level gains and macroeconomic measurement.

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#ai-boom

The AI boom hasn’t stopped U.S. companies from hiring cheap offshore labor, and overseas call center employment is still skyrocketing

Reddit r/ArtificialInteligence · 2026-05-18 Cached

Despite predictions that AI would replace customer service roles, offshore call center employment in the Philippines has nearly doubled over the past decade, illustrating Jevons paradox where AI-driven efficiency lowers costs and increases demand for such labor.

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#ai-boom

AI feels like this generation’s internet boom.

Reddit r/ArtificialInteligence · 2026-05-18

The article draws parallels between the current AI boom and past internet, smartphone, and cloud computing booms, noting that despite public skepticism, AI is rapidly being adopted across industries. It highlights platforms like BingX offering pre-IPO AI investment opportunities.

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#ai-boom

Some states blast utilities for 'blatant corporate greed' as profits rise while consumers revolt against AI-fueled electric bills

Reddit r/ArtificialInteligence · 2026-05-18 Cached

The article reports on state-level pushback against utility rate hikes driven by AI data center energy demands, with officials accusing utilities of 'blatant corporate greed' as profits soar and consumers face rising bills.

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#ai-boom

@deedydas: The vibes in SF feel pretty frenetic right now. The divide in outcomes is the worst I've ever seen. Over the last 5yrs,…

X AI KOLs Following · 2026-05-16

A commentary on the stark wealth divide in San Francisco's tech scene, where a small group has amassed enormous wealth from AI companies while others face layoffs and career uncertainty, leading to widespread anxiety and a search for new career paths.

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The great memory panic of 2026 – Asymco

Hacker News Top · 2026-05-11 Cached

An analysis of the 2026 memory price spike and its impact on Apple's supply chain, discussing Apple's negotiating leverage and historical cyclicality in semiconductor markets.

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