alt Hacker NewsAi is currently a bubble. But that is just a short term phenomenon. Ultimately what AI currently is and what the trend-line indicates what AI will become will change the economy in ways that will dwarf the current bubble.
But this is only if the trend-line keeps going, which is a likely possibility given the last couple of years.
I think people are making the mistake that AI is a bubble and therefore AI is completely bullshit. Remember: The internet was a bubble. It ended up changing world.
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Google said the dotcom bubble is roughly from 1995 to 2001. That's about 6 years. ChatGPT was released in 2022. Claude AI was released in 2023. DeepSeek was released in 2023.
Let's just say the AI bubble started in 2023. We still have about 3 years, more or less, until the AI bubble pops.
I do believe we are in the build out phase of the AI bubble, much like the dotcom bubble, where Cisco routers, Sun Microsystems servers... etc. sold like hotcakes to build up the foundation of the dotcom bubble
Yes, a bubble just means that it's over-valued and that at some point there will be a significant correction in stock values. It doesn't mean that the thing is inherently worthless.