The AI Bubble Gives the Administration Cover to Double Down on Worst Ideas
Posted3 months ago
nytimes.comOtherstory
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Artificial IntelligenceEconomic PolicyGovernment Administration
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Artificial Intelligence
Economic Policy
Government Administration
The NYT opinion piece argues that the AI bubble is being used as a pretext for the administration to implement misguided economic policies, such as tariffs, which is a concern shared by the HN community.
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Oct 9, 2025 at 6:43 PM EDT
3 months ago
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ID: 45533796Type: storyLast synced: 11/17/2025, 11:12:51 AM
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The situation is worse than having all of your economic eggs in one basket. It’s closer to putting all of your eggs in one basket and stomping on all the other baskets.
There are signs that the non-A.I. economy is under duress. As economists predicted, tariffs are pushing up inflation and dragging down growth. Hiring has stalled. Jobs are particularly hard to come by for young people entering the labor market; youth unemployment is at 10.5 percent, a level not seen in nearly a decade, absent the pandemic.