Tech giants invest heavily in AI, despite warnings of potential risks and job displacement.

Companies are heavily investing in AI despite minimal impact on profits. AI could potentially eliminate many jobs and cause social unrest, according to experts like Geoffrey Hinton, who estimates a 10-20% chance that AI could threaten humanity in the next 30 years. Tech giants like Microsoft and Amazon are projecting massive investments, but the AI investment boom might collapse soon, causing losses. The AI market, especially in telecommunications, is expected to grow, driven by the need for network efficiency and automation. However, some economies, like New Zealand's, may be more resilient to AI disruptions due to their focus on sectors like agriculture and caregiving.