I guess part of the dynamics of "a bubble" is when everyone starts hyping the bubble, like, kinda the opposite of crypto scams, at some point investors' herd behaviour kicks in and everyone panics and disinvest from the thing, causing a crash.
the "AI bubble" is mainstream discourse now, and I am helping by reblogging that even Deutsche Bank is warning now of how the entire USA economy is ridiculously dependent on Big Tech at the moment, which in turn is fully hanging onto the "AI" economy, which so far has only generated any revenue at all for Nvidia and datacenters. Basically the entire finances of the USA is balanced on shovel sellers during a gold rush, with nary a nugget of gold to be seen.
https://www.techspot.com/news/109626-ai-bubble-only-thing-keeping-us-economy-together.html
Also investors are doing the math and realising that
> The industry is spending over $30 billion a month (approximately $400 billion for 2025) and only receiving a bit more than a billion a month back in revenue.
And it's probably a bad sign when you're sinking one Apollo space program per *month* on a piece of tech and all you get to show for it is universally despised slop.