The anarchic AI race: boom, bubble, and bust
[Adam Booth, 21 November 2025 – originally published on marxist.com] The history of capitalism is littered with bubbles: periods in which over-excited investors pour their money into ultimately worthless ventures – from the Dutch tulip mania of the 1630s, to the South Sea and Mississippi frenzies of 1720, to today’s cryptocurrency craze. The above examples are […]
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