Why the AI Backlash Is Getting Worse
Bloomberg Technology·2026-04-21 21:46
AI is really, it feels like in many ways kind of holding up our economy right now. The Magnificent Seven stocks, which are all very deeply invested, if not making AI, are really carrying the markets, which has been one of the real bright spots in the economy lately. How big a part of our economy is AI, Even if we're worried about it and there are all these mixed feelings that are surfacing.Oh, yeah. The top four tech companies are spending $650 billion on data centers this year. That's insane. It's insane.W ...