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07:34
2026-08-11
nakedcapitalism.com
ai-ethics

The AI Boom Runs on an Even More Dangerous Machine (Part 1)

A new analysis by Thomas Ferguson, Servaas Storm, and Jie Chen at the Institute for New Economic Thinking finds that U.S. workers' share of national income hit one of its lowest levels on record, with…

13:55
2026-07-24
nakedcapitalism.com
artificial-intelligence

Could a Crash Halve Stock Prices?

Richard Murphy warns that stock prices could fall by 50%, citing extreme overvaluation of AI shares and a Bank of International Settlements warning that an AI crash could produce an investment drought…

08:52
2026-07-17
nakedcapitalism.com
artificial-intelligence

Rob Urie: No Path Forward, No Way Back, Imperial Decline Edition

Rob Urie argues that US political leaders, including Donald Trump and Congress, are openly accepting projections of 50%–60% AI-driven unemployment without concern for the resulting social upheaval, wh…