THE GREAT AI DEPRESSION

THE GREAT AI DEPRESSION

By: Derek Varsalona

Another week is upon us, and it is another win week for AI.  Unfortunately, it is another losing week for the people of the world.

Just last week, AI has reportedly caused Wall Street to lose $ 400 billion in assets, stocks, and savings.  This is not good for the American economy.  The fact is that people often struggle to understand how to interact with AI.

The fact of the matter is that AI is here to stay.  To most, it is scary.  Who is going to lose their job to AI? Everyone? I once spoke to a man at Life Time Fitness who works with AI.  I point-blank asked him, "Is AI going to replace you?"   He responded, " I don't know, but I am scared."

AI seems to be replacing everything know of days.  As a Libertarian, let me make a suggestion to the Libertarian Party.  Put up an AI candidate for President, County Executive, Mayor or Governor.  You may not win the seat but you will definitely get more media coverage, and more media coverage means more votes.

Wall Street itself was attacked by AI this week.  The Street lost $400billion in a single week.

Let's face it, AI is here and here to stay.  America and the world must adapt to AI, or the industry in which you work will become

The Great AI Depression

extinct.  As always, comments are accepted.

Source: Madison Mills. "AI Wiped Out $400 Billion This Week-And It's Only Getting Started." Axois.com New York City: Saturday, February 7, 2026.https://www.axios.com/2026/02/07/ai-software-anthropic-losses-stock-market