Bank of England warns AI stock bubble rivals 2000 dotcom peak

Central bank says market concentration hasn't been this extreme in 50 years.

https://arstechnica.com/ai/2025/10/bank-of-england-warns-ai-stock-bubble-rivals-2000-dotcom-peak/

Bank of England warns AI stock bubble rivals 2000 dotcom peak

Central bank says market concentration hasn’t been this extreme in 50 years.

Ars Technica

@cstross

The fossil fuel industry seems willing to fund AI for as long as it takes.

It's bringing in enormous profits from double digit electricity utility rate increases.

It's re-opening coal & oil fired electricity generators.

Data centers are keeping fossil fuel demand artificially inflated.

AI is intended to interfere with elections, thwart a fossil fuel phase out, & end democracy.

Oil oligarchs everywhere are happy with the results even if AI never turns a profit.