The Fort Worth Press - The AI boom hits a crossroads in 2026

USD -
AED 3.672499
AFN 63.000238
ALL 83.169003
AMD 376.6209
ANG 1.790083
AOA 917.000092
ARS 1368.052397
AUD 1.451716
AWG 1.8025
AZN 1.69793
BAM 1.695271
BBD 2.011918
BDT 122.564316
BGN 1.709309
BHD 0.376989
BIF 2967.20061
BMD 1
BND 1.283718
BOB 6.917863
BRL 5.237198
BSD 0.998895
BTN 94.130496
BWP 13.733504
BYN 2.999805
BYR 19600
BZD 2.009058
CAD 1.38535
CDF 2285.509878
CHF 0.794702
CLF 0.023516
CLP 928.540171
CNY 6.91145
CNH 6.91897
COP 3689.09
CRC 463.12669
CUC 1
CUP 26.5
CVE 95.576763
CZK 21.245955
DJF 177.883719
DKK 6.477905
DOP 60.224672
DZD 133.026736
EGP 52.70043
ERN 15
ETB 154.382647
EUR 0.866896
FJD 2.257398
FKP 0.747836
GBP 0.749905
GEL 2.695064
GGP 0.747836
GHS 10.920706
GIP 0.747836
GMD 73.501546
GNF 8757.194369
GTQ 7.641634
GYD 208.983427
HKD 7.82568
HNL 26.524801
HRK 6.531698
HTG 130.816171
HUF 336.210143
IDR 16931.95
ILS 3.124096
IMP 0.747836
INR 94.16635
IQD 1308.600776
IRR 1313300.000453
ISK 124.339829
JEP 0.747836
JMD 156.993954
JOD 0.708981
JPY 159.669885
KES 129.709928
KGS 87.449854
KHR 4000.242702
KMF 426.999823
KPW 900.057798
KRW 1509.249757
KWD 0.30721
KYD 0.83247
KZT 481.23605
LAK 21576.267146
LBP 89453.008863
LKR 314.161267
LRD 183.30119
LSL 17.089302
LTL 2.95274
LVL 0.60489
LYD 6.378746
MAD 9.32633
MDL 17.545669
MGA 4163.217544
MKD 53.427703
MMK 2099.983779
MNT 3583.827699
MOP 8.049494
MRU 39.846405
MUR 46.630413
MVR 15.459802
MWK 1732.116931
MXN 17.91723
MYR 3.999878
MZN 63.910338
NAD 17.089302
NGN 1384.759801
NIO 36.760627
NOK 9.697715
NPR 150.60914
NZD 1.735915
OMR 0.384501
PAB 0.998891
PEN 3.457024
PGK 4.316622
PHP 60.219872
PKR 278.822545
PLN 3.706645
PYG 6539.1033
QAR 3.642258
RON 4.417598
RSD 101.817979
RUB 81.375355
RWF 1458.729712
SAR 3.751912
SBD 8.041975
SCR 13.744945
SDG 601.00022
SEK 9.427865
SGD 1.28598
SHP 0.750259
SLE 24.549949
SLL 20969.510825
SOS 570.871346
SRD 37.562019
STD 20697.981008
STN 21.236391
SVC 8.740763
SYP 111.44287
SZL 17.084534
THB 32.979571
TJS 9.559625
TMT 3.51
TND 2.939203
TOP 2.40776
TRY 44.4593
TTD 6.780072
TWD 31.945008
TZS 2572.214879
UAH 43.832448
UGX 3715.935095
UYU 40.496498
UZS 12167.15207
VES 466.018145
VND 26351
VUV 119.023334
WST 2.74953
XAF 568.580406
XAG 0.014521
XAU 0.000227
XCD 2.70255
XCG 1.800334
XDR 0.707132
XOF 568.580406
XPF 103.373552
YER 238.650021
ZAR 17.09465
ZMK 9001.256834
ZMW 18.754849
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    -0.0900

    22.82

    -0.39%

  • BCC

    -0.3600

    74.29

    -0.48%

  • BCE

    -0.0200

    25.47

    -0.08%

  • RIO

    -1.7500

    85.79

    -2.04%

  • AZN

    -3.7400

    183.4

    -2.04%

  • BTI

    -0.1900

    58.26

    -0.33%

  • CMSD

    0.0700

    22.75

    +0.31%

  • NGG

    -1.8900

    82.4

    -2.29%

  • GSK

    -0.7600

    53.94

    -1.41%

  • JRI

    -0.0300

    12.07

    -0.25%

  • RELX

    -0.4000

    32.07

    -1.25%

  • RYCEF

    -0.6000

    15.3

    -3.92%

  • VOD

    -0.0900

    14.63

    -0.62%

  • BP

    0.7600

    46.17

    +1.65%

The AI boom hits a crossroads in 2026
The AI boom hits a crossroads in 2026 / Photo: © AFP

The AI boom hits a crossroads in 2026

After three years of breakneck growth and soaring valuations, the AI industry enters 2026 with some of the euphoria giving way to tough questions.

Text size:

Here is a look at what is at stake:

- Bubble goes pop? -

Money is pouring into artificial intelligence, with spending expected to reach more than $2 trillion worldwide in 2026, according to the consulting firm Gartner.

But concern is growing. Stock markets are closely monitoring tech giants Apple, Microsoft, Google, Amazon and Nvidia, and startups like OpenAI, amid fears of a speculative bubble.

Several major investors -- including Japan's SoftBank and Peter Thiel --divested Nvidia shares in mid-November.

"No company is going to be immune, including us," Google CEO Sundar Pichai warned.

Yet Nvidia reported "off the charts" demand for its chips, indicating the fever continues.

- Jobs under threat? -

The debate over whether AI will destroy jobs continues, with answers still elusive.

"The AI phenomenon is here and influencing how firms think about the labor force," US Fed Vice Chair Philip Jefferson said.

True AI believers think employment will be so transformed that a universal income will be needed.

Most forecasts see gradual change. McKinsey projects 30 percent of US jobs could be automated by 2030, with 60 percent significantly altered.

Gartner analysts suggest AI will create more jobs than it eliminates by 2027.

- Superintelligence now? -

AI innovation raises the specter of superintelligent machines like those in science fiction.

Anthropic founder Dario Amodei contends the next level of AI could debut in 2026 and become smarter than Nobel Prize winners.

This artificial general intelligence (AGI) will work at a higher standard than any person, he said.

OpenAI chief Sam Altman said by early 2028 that his ChatGPT-maker could create a "legitimate AI researcher" capable of discoveries.

Meta CEO Mark Zuckerberg spent hundreds of millions of dollars in 2025 hiring researchers to achieve AGI.

But Meta's departing Chief AI Scientist Yann LeCun calls talk of manufacturing AI "geniuses" in a data center "complete BS."

- Media facing tidal wave -

Generative AI represents "the largest transformation in the information ecosystem since the printing press," consultant David Caswell told AFP.

Traditional media face threats from chatbots and Google's AI overviews, which regurgitate content without users visiting original sites, eroding traffic and revenue.

Survival options include becoming high-value products like The Economist; implementing blocking techniques; or winning compensation through lawsuits or partnerships, as the New York Times, Associated Press and AFP have done.

- Clean up the slop -

Despite promises of cancer cures and climate solutions, many see "AI slop -- low-grade AI-generated content -- as the technology's most visible impact for now.

Creating slop requires little effort but generates clicks and revenue by gaming platform algorithms.

These creations, often presented as real, saturate social feeds with content ranging from fake Spotify bands to TikTok videos claiming to show explosions on the frontlines in Ukraine.

The platforms have responded with labeling, moderation, and anti-spam measures, though no silver bullet has emerged to stop the tide.

J.P.Estrada--TFWP