The AI Bubble Bursting Would Actually Be Incredible for the Economy, Economist Says
The US economy is absolutely screaming. Late rent payments and loan delinquencies are skyrocketing, and the top 10 percent of earners account for nearly half of all consumer spending. In early September, the Bureau of Labor Statistics reported that the nation added over 900,000 fewer jobs than previously thought from March 2024 to 2025. Yet, as bad as things might feel for common folk, financial markets have never looked better — the tech-dominated Nasdaq continues to reach record highs, and th