The Globe and Mail reports in its Thursday, June 18, edition that with so many conflicting artificial intelligence narratives swirling, it is hard to separate fact from science fiction. The Globe's guest columnist Ken Fisher writes that AI's future actually remains largely unknown even to supposed "experts." Mr. Fisher says buying or selling investments based on AI speculation or IPO heat is pure arrogance. With all possibilities overhyped, knowing something others don't is impossible. Forecasting economic or industry futures based on speculative AI theories is unwise. Many continue to do so, often predicting fast, negative changes. AI is a top reason for recent layoffs, with fintech Block cutting half its jobs, including in Toronto, to optimize AI. Layoffs at Meta, Amazon and others fuel similar concerns. Pain is real for those laid off, but doomsayers overreact economically. They mistakenly believe innovation destroys jobs without creating new ones. In the early 1980s, economists claimed computers would displace workers and lead to idleness. That didn't happen -- jobs evolved, and workers adapted by learning new skills. Actually, Mr. Fisher says AI's share of layoffs is tiny -- and likely overinflated.