Global recession and the end of the middle class: What ‘AI exuberance’ could do to the world
- Posted on June 28, 2026
- By The Sydney Morning Herald
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- 1 min read
Global recession and the end of the middle class: What ‘AI exuberance’ could do to the world
The Bank of International Settlements has predicted major economic damage from the AI boom. It’s been correct before.
