Lark Davis(@LarkDavis):EU Central Bank researchers drop a warning on AI. In a new piece titled "The AI boom: rational enthusiasm or the next dot-com bubble?", they argue an AI stock crash is coming even if the technology actually succeeds, same pattern as the railways and the dot-com boom. The big issue is that regular European savers have around €440 billion tied up in US tech giants through standard index funds and retirement plans. When this thing pulls back, everyday people who thought they were in safe passive investments take the hit.

2026.08.29 23:52

EU Central Bank researchers drop a warning on AI. In a new piece titled "The AI boom: rational enthusiasm or the next dot-com bubble?", they argue an AI stock crash is coming even if the technology actually succeeds, same pattern as the railways and the dot-com boom. The big issue is that regular European savers have around €440 billion tied up in US tech giants through standard index funds and retirement plans. When this thing pulls back, everyday people who thought they were in safe passive investments take the hit.