Internal Report Warns About the Dangers of an AI Bubble

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“A draft report inside the Treasury Department is set to warn of the risks posed by the artificial intelligence market, likening key aspects of it to the dotcom bubble that upended the U.S. economy when it burst in the early 2000s,” NOTUS reports.“The document, the existence and contents of which have not been previously reported but was obtained by NOTUS, is a significant departure from the Trump administration’s public tone, which has focused on encouraging unrelenting investment to unlock exponential growth.”