Why does it have to be such a crash? Could it be just flatlining for a long time? Or perhaps slowly going down? What makes you so sure that it will be a big booom like dotcom or 2008?
Why does it have to be such a crash? Could it be just flatlining for a long time? Or perhaps slowly going down? What makes you so sure that it will be a big booom like dotcom or 2008?
Many reasons:
- economy has been slowing down (the real one, the people) while stocks are at record high
- a long overdue business cycle which has been pushed back and back and back ...
- rates hiking (in a slowing down economy)
- bubbles, and that AI bubble is huge. Loving AI on an every day basis but revenue wise, it's not mainstream, far from it. Average people want free stuff, they're good with Google or Facebook throwing them ads, they don't want to pay $200 for a subscription and fact is, 2026 revenues are about $100b totall. Meanwhile hyperscalers are spending about $1 to $2 trillion alone in 2026, and meant to increase within the next few years. You need a lot of imagination to see how this can "flatten" nicely.
Like internet didn't disappear after 2001, AI is here to stay, too. But...