Gary Marcus Amplifies 'AI Is the Biggest Misallocation of Capital in History' Bear Case
GaryMarcus · x · 2026-09-03
Gary Marcus reposted a sharp bearish take: AI is "the biggest misallocation of capital in history," with the mania combining the dotcom bubble and subprime — "show me the returns, you can't; the coming bust will be epic."
The quoted post adds: demand isn't there, tools are wildly expensive and sloppy, AGI isn't weeks away, no model is scaring its developers, and claims like Altman's "new laws of physics" haven't materialized.
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