Thursday, October 09, 2025

MIJO Screen Shot | CSpan via The Daily Beast

 

C-SPAN

Experts Say They're Seeing a Blinking Warning Sign That We're in an AI Bubble

 Experts Say They're Seeing a Blinking Warning Sign That We're in an AI  Bubble

THE ECONOMIST Journalism of sometimes radical opinion with a reverence for facts.

The Economist
The Economist
Inspiring progress globally...Founded in 1843 to support the cause of free trade, The Economist continues to produce journalism of sometimes radical opinion with a reverence for facts.

From its beginnings in 1843, when The Economist newspaper was founded by a Scottish hat manufacturer to further the cause of free trade, The Economist Group has evolved into a staunchly independent global media and information-services company with intelligent brands for an international audience.

Bank of England Warns: AI Bubble Could Burst, Shaking Financial Markets | AI  News 

The IMF Warns AI Bubble Could Burst
Top stories
Leading financial institutions are worried about a looming AI bubble
11 hours ago

Financial leaders warn of possible AI investment bubble


Leaders

Cybercrime is afflicting big business. How to lessen the pain

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Banning the payment of ransoms would be a start 

 



The world in brief

Donald Trump said that Israeli hostages held in Gaza would be returned “on Monday or Tuesday”...

Meanwhile Israel’s security cabinet met to vote on the ceasefire agreement with Hamas...

America’s Justice Department reportedly indicted Letitia James, New York’s Democratic attorney-general, following an investigation into alleged mortgage fraud...

Scott Bessent, America’s treasury secretary, said that the United States purchased Argentine pesos to prop up the Latin American country’s economy and finalised a $20bn swap line with its central bank...

The world in brief 

 Bank of England Issues Alert: AI Stock Surge Similar to 2000 Dotcom High -  lonelybrand - Breaking Tech News And Reviews

Post-Modern Dystopia & Melancholy: Hungary's Laszlo Krasznahorkai wins Nobel Literature Prize

The Nobel Prize in Literature was on Thursday awarded to Laszlo Krasznahorkai, considered by many as Hungary's most important living author whose works explore themes of postmodern dystopia and melancholy. 
 Laszlo Krasznahorkai wins Nobel literature prize - RTHK
The Swedish Academy honoured him "for his compelling and visionary oeuvre that, in the midst of apocalyptic terror, reaffirms the power of art." 
Krasznahorkai, 71, is "a great epic writer in the Central European tradition that extends through Kafka to Thomas Bernhard, and is characterised by absurdism and grotesque excess," the jury said in a statement. 
"But there are more strings to his bow, and he also looks to the East in adopting a more contemplative, finely calibrated tone."  
 Nobel prize in literature 2025 is announced – live 
 
"Post-modern dystopia & melancholy explores bleak, absurd futures characterized by the decline of grand narratives, the pervasive influence of consumer culture, and profound feelings of alienation and meaninglessness. Unlike classic dystopias, modern interpretations often feature subtle forms of control, such as algorithm-driven anxieties, financial burdens, and curated realities, leading to a unique, "beige" form of dystopia that can manifest as pervasive melancholy and existential despair. "

OVER THAT WALL OF WORRY >> U.S. Stocks Can Keep Grinding Higher: 3-Minute MLIV

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Markets Update - 10/8/25 - by Neil Sethi 
Stock Market Grinding Higher, GDP Growth Increasing | Investing.com 

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