This Bloomberg piece, published September 10, 2026, examines skepticism about whether massive AI industry investment will generate the returns companies have promised. It features author Cory Doctorow, who argues AI’s most valuable near-term use may be augmenting skilled workers rather than replacing them outright, challenging the labor-replacement narrative used to justify large capital inflows into AI firms. The article frames this skepticism as a challenge to the core value proposition behind current AI investment levels.
