Gary Marcus Calls Generative AI Investment a 'Check-Kiting' Scheme

Gary Marcus published an essay arguing that generative AI investments resemble check-kiting, with circular financing and speculative elements raising doubts about whether the massive debts can ever be repaid.

2026-08-21 ~ 2026-08-21 · 2 related posts

• Gary Marcus: Leopold's Folly and the Speculative Bubble in Generative AI — GaryMarcus · 2026-08-21
• Gary Marcus criticizes OpenAI investment logic as 'check-kiting', warns of speculative bubble — GaryMarcus · 2026-08-21