The Freepress published an article “Open AI’s House of Cards“, on November 17, 2025. There’s a lot to unpack in this article, but the highlights are: AI companies account for 80 percent of the gains in U.S. stocks this year. ChatGPT is only three years old, and its burn rate (the amount of money it loses each quarter) may be the highest in history. ChatGPT is more of an upgrade on Google Search than a productivity-raising miracle. The bulk of ChatGPT use is by people seeking practical guidance, information, or technical help. By contrast, according to an MIT study, 95 […]
