🤖 AI’s Dirty Secret: Why This “Productivity Boom” Feels Like Inflation in Disguise

Everyone says AI will make us richer. Fewer ask how much it will cost first.

Right now, AI isn’t saving capital. It’s burning it. 🔥

Data centres, chips, power grids, subsidies; this is the most capital-hungry tech cycle in decades.

Unlike social media, AI is inflationary.

Electricity prices are rising ⚡

Interest rates stay higher 📈

Governments are quietly underwriting the boom 💸

And who pays? Workers and savers.

We’re told AI will “solve” labour shortages. Yet it arrives in ageing societies, with shrinking workforces and record debt. That’s not efficiency. That’s desperation.

History warns us: every tech frenzy looks brilliant until the balance sheet cracks.

AI may transform productivity.

But first, it’s a test of financial discipline.

Question: Are we investing in intelligence… or subsidising another bubble? 🫧