Every day a new deal involving OpenAI.
Every day one or more article wondering if/when the AI boom will transform into a bursting bubble.
Maybe people are crying wolf or misreading the situation.
My gut feeling is that yes, this is indeed a bubble and behind closed doors the CEOs are in panic mode, weirdly repeating past and well known mistakes
It just we’ve seen the same thing for over four decades. I was getting stock certificates mailed to me from IBM in the 1980s when the savings and loan scandal rocked the market in 87. Then Enron. Then the internet bubble. Then the subprime meltdown. It just happens every decade or so when “too good to be true” runups happen.