What if an AI bubble bursts -- and that accelerates AI job losses?

The “AI double whammy” being explored is how an AI-driven market bubble could burst, spark a recession, and then accelerate the replacement of human workers with automation. The argument draws on history of financial manias: investors overreach on revolutionary technology, build debt during the boom, and then face cascading losses when prices fall. The analysis cites J.P. Morgan data saying 42 AI-related companies accounted for about two-thirds of S&P 500 gains since early 2024. It also notes AI firms have borrowed hundreds of billions for data centers and energy infrastructure. The piece stops short of proving a systemic collapse is imminent.