BUBBLE, BUBBLE, TOIL, AND TROUBLE

Summary from the TLDR AI newsletter

Pro-AI-bubble arguments are remarkably weak, given the amount of bubble talk. The recent series of circular deals done in close succession has raised concerns. If there is a massive financial crisis or bubble pop that affects AI, it will be mostly for mundane economic reasons rather than the technology not making rapid progress. Such a crisis will have, at most, modest effects on timelines.