A podcast episode features Cory Doctorow questioning the scope and legitimacy of AI hype in the broader economic context.

AI infrastructure investment enthusiasm powers record stock gains for Big Tech, but rising interest rates pose risk to long-term AI capex payoff timelines and technology valuations.

Major technology stocks rebounded after Microsoft and Amazon reported accelerating AI-related revenue growth in recent earnings, reversing earlier investor concerns about AI infrastructure spending.

UK employers are creating jobs for AI-skilled staff while cutting vacancies elsewhere, creating a two-tier labor market. Job postings fell 10% year-over-year as firms adopt AI to cut costs and boost productivity.