The Prague Post - The AI boom hits a crossroads in 2026

EUR -
AED 4.313468
AFN 77.598705
ALL 96.698386
AMD 447.792527
ANG 2.102883
AOA 1077.044807
ARS 1692.205144
AUD 1.764354
AWG 2.114155
AZN 2.001365
BAM 1.955767
BBD 2.361861
BDT 143.307608
BGN 1.955767
BHD 0.442093
BIF 3466.042156
BMD 1.17453
BND 1.514475
BOB 8.102865
BRL 6.365607
BSD 1.17268
BTN 106.04923
BWP 15.537741
BYN 3.457042
BYR 23020.795811
BZD 2.358461
CAD 1.618445
CDF 2630.948518
CHF 0.934916
CLF 0.027253
CLP 1069.11676
CNY 8.28573
CNH 8.284609
COP 4466.125466
CRC 586.590211
CUC 1.17453
CUP 31.125056
CVE 110.26316
CZK 24.276491
DJF 208.826515
DKK 7.472132
DOP 74.548756
DZD 152.289758
EGP 55.571073
ERN 17.617956
ETB 183.229742
FJD 2.668303
FKP 0.879936
GBP 0.878351
GEL 3.175767
GGP 0.879936
GHS 13.461775
GIP 0.879936
GMD 85.741137
GNF 10198.829794
GTQ 8.98185
GYD 245.335906
HKD 9.138141
HNL 30.873485
HRK 7.537789
HTG 153.707435
HUF 385.234681
IDR 19536.845016
ILS 3.785271
IMP 0.879936
INR 106.394254
IQD 1536.174363
IRR 49474.161194
ISK 148.465122
JEP 0.879936
JMD 187.756867
JOD 0.832789
JPY 182.950774
KES 151.217476
KGS 102.713135
KHR 4694.921647
KMF 492.719958
KPW 1057.060817
KRW 1732.32708
KWD 0.360233
KYD 0.977284
KZT 611.589793
LAK 25422.575728
LBP 105012.44747
LKR 362.353953
LRD 206.976546
LSL 19.78457
LTL 3.468083
LVL 0.710462
LYD 6.369894
MAD 10.78842
MDL 19.823669
MGA 5194.913303
MKD 61.548973
MMK 2466.385496
MNT 4167.553805
MOP 9.403343
MRU 46.930217
MUR 53.93488
MVR 18.092159
MWK 2033.466064
MXN 21.157878
MYR 4.812408
MZN 75.064681
NAD 19.78457
NGN 1706.088063
NIO 43.15928
NOK 11.906572
NPR 169.679168
NZD 2.023657
OMR 0.451612
PAB 1.17268
PEN 3.948134
PGK 5.054916
PHP 69.43241
PKR 328.640215
PLN 4.225315
PYG 7876.868545
QAR 4.273829
RON 5.092651
RSD 117.378041
RUB 93.579038
RWF 1706.771516
SAR 4.407079
SBD 9.603843
SCR 17.649713
SDG 706.484352
SEK 10.887784
SGD 1.517615
SHP 0.881202
SLE 28.335591
SLL 24629.319496
SOS 668.988835
SRD 45.275842
STD 24310.407882
STN 24.499591
SVC 10.260829
SYP 12986.886804
SZL 19.77767
THB 37.109332
TJS 10.77682
TMT 4.122602
TND 3.428143
TOP 2.827988
TRY 50.011936
TTD 7.957867
TWD 36.804032
TZS 2902.351563
UAH 49.548473
UGX 4167.930442
USD 1.17453
UYU 46.019232
UZS 14127.764225
VES 314.116117
VND 30897.196663
VUV 142.580188
WST 3.259869
XAF 655.946053
XAG 0.018954
XAU 0.000273
XCD 3.174228
XCG 2.113465
XDR 0.815786
XOF 655.946053
XPF 119.331742
YER 280.129715
ZAR 19.820741
ZMK 10572.187233
ZMW 27.059548
ZWL 378.198309
  • RBGPF

    0.0000

    81.17

    0%

  • CMSD

    -0.1500

    23.25

    -0.65%

  • BCC

    0.2500

    76.51

    +0.33%

  • NGG

    0.2400

    74.93

    +0.32%

  • RIO

    -1.0800

    75.66

    -1.43%

  • CMSC

    -0.1300

    23.3

    -0.56%

  • GSK

    -0.0700

    48.81

    -0.14%

  • RELX

    0.1000

    40.38

    +0.25%

  • RYCEF

    -0.2500

    14.6

    -1.71%

  • JRI

    -0.0200

    13.7

    -0.15%

  • BCE

    0.3100

    23.71

    +1.31%

  • AZN

    -0.4600

    89.83

    -0.51%

  • BTI

    -1.2700

    57.1

    -2.22%

  • VOD

    0.0500

    12.59

    +0.4%

  • BP

    -0.2700

    35.26

    -0.77%

  • SCS

    0.0200

    16.14

    +0.12%

The AI boom hits a crossroads in 2026
The AI boom hits a crossroads in 2026 / Photo: JOEL SAGET - 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.

X.Vanek--TPP