Revenge of the AI bubble
The AI bubble debate has lurched through at least three frenzied phases in the span of three years:Suspicion: Historic sums of capital poured into AI before anyone proved it could reliably automate work. A violent market correction felt inevitable.Mania: Claude Code and autonomous agents made the early skepticism look outdated, fueling a corporate scramble to embed AI everywhere and maximize usage.Reckoning: Companies discovered that AI can be extraordinary when aimed precisely — and ruinously e...
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