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By Carl Benedikt Frey, Project Syndicate | November 18, 2025

Today’s massive and still-growing investments in AI and its accompanying infrastructure could well pay off like the internet did, following the investment boom of the late 1990s. But, for now, the gains from AI look more muted, and the macro downsides larger, than in the case of the dot-com bubble.

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Running On Rage

Running On Rage

Four of the seven justices found that the Democrats’ “legislative process employed to advance” the voter referendum that approved the new map not only violated the state constitution, but it was “wholly unprecedented in Virginia’s history.”

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