Cory Doctorow: There are reasons to be optimistic about the AI bubble bursting [video]

- Cory Doctorow is a well-known Canadian-British writer, journalist, and activist who writes about technology, digital rights, and corporate power. He co-founded Boing Boing and has long been a critic of Big Tech's anti-competitive behavior. - Doctorow argues that the current AI industry is an investment bubble — unsustainable hype driven by venture capital and corporate giants like OpenAI, Google, and Microsoft. He points to high costs, lack of profitable use cases, and growing user skepticism as signs the bubble may soon burst. - "Bubble bursting" here doesn't mean AI disappears; it means the overheated investment cycle deflates, many AI startups collapse, and Big Tech loses its current pricing power — potentially leading to cheaper, more open AI tools rather than centralized, profit-driven ones. - Doctorow frames this within his broader concept of "enshittification" (his term for how platforms degrade quality once they have trapped users and advertisers), arguing AI is following the same extractive pattern.