Bath, Nov 14 (The Conversation) You might not care very much about the prospect of the AI bubble bursting. Surely it’s just something for the tech bros of Silicon Valley to worry about – or the wealthy investors who have spent billions of dollars funding development.

But as a sector, AI may have become too big to fail. And just as they did after the financial crisis of 2008, taxpayers could be picking up the tab if it collapses.

The financial crisis proved to be very expensive. In the UK, the public cost of bailing out the banks was officially put at 23 billion pounds – roughly equivalent to 700 pounds per taxpayer. In the US, taxpayers stumped up an estimated USD 498 billion (362 billion pounds).

Today, the big AI firms are worth way more than banks, with a combined value exceeding 2 t

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