What Would Happen If an AI Bubble Burst?

The Washington Post notes AI’s “increasingly outsize role” in propping up America’s economic fortunes.

“Last week, the United States reported that the economy expanded at a rate of 1.6 percent in the first half of the year, with most of that growth driven by AI spending. Without AI investment, growth would have been at about a third of that rate, according to data from the Bureau of Economic Analysis.”

The huge economic influence of AI spending illustrates how Silicon Valley is placing a…