An AI bust is coming. But when? And who will be hit hardest?

By The Sydney Morning Herald and The Age

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There’s a battle brewing over which country will lead the world in Artificial Intelligence, and the US has bet the house, economically, that it will be the winner. Today, international and political editor Peter Hartcher on what previous infrastructure booms – such as the craze for building railways in the 1840s or the dotcom boom of the 1990s – tell us about where all this will lead, and which countries might be hit hardest in an AI bust. Background reading It’s the new battleground for China v the US. But Beijing has one big advantage: https://www.smh.com.au/world/north-america/it-s-the-new-battleground-for-china-v-the-us-but-beijing-has-one-big-advantage-20260803-p60kxk.html Read the best of our journalism: https://www.smh.com.au/ https://www.theage.com.au/ Listen to our podcasts: https://podcasts.smh.com.au/ https://podcasts.theage.com.au/ #donaldtrump #xijinping #ai #geopolitics #economicbubble #news #podcast

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