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"content": "AI and the railway mania\nMichael Roberts.\n\n\"A widely cited study from MIT found that so far, 95 per cent of generative AI projects produce no return in productivity growth or profits. To justify the required investment, annual data-centre revenues would need to rise from $20bn today to about $2trn. Existing revenues will fall short by $800bn..\"\n\nhttps://thenextrecession.wordpress.com/2025/12/04/ai-and-the-railway-mania/\n\n#AIBubble",
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