The IMF says the "surprisingly resilient" global economy is at risk of a sharp AI boom reversal, but the "levels of market frothiness" are below the dotcom bust (Financial Times)

Summary

— I have an opinion on the Meta layoffs that is contrary with most of the VR industry and much of the media, but strongly held. This is not a disaster. They still employ the largest team working on VR by about an order of magnitude. Nobody else is even close. The “Meta is