Architecture as a Hedge: Why Engineering Separates AI ROI from the "AI Bubble"

1. The Trough of Disillusionment and the Reality Filter The technology market has reached a critical inflection point. While Reuters reports AI infrastructure investments exceeding $600 billion, investor anxiety is mounting at a similar pace. We are officially entering what Gartner classifies as the "Trough of Disillusionment." In this phase, the market begins to question whether Generative AI is a bubble about to burst or a legitimate long-term investment. As architects, our lens must be mor...