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When people say 'AI isn't a bubble because the technology isn't going away', it just shows they don't know what a bubble is. The internet didn't go away. Railways didn't go away. Tulips didn't go away. An asset can be overvalued, even if its useful.

ralpholsson.bsky.social

@ralpholsson.bsky.social

1 June

Do people really say that? 🤦

Grace Blakeley

@graceblakeley.substack.com

All the time. I was on a panel last week when someone made this argument. It never ceases to amaze me.

1/6/26, 11:04 am0 reposts6 likes

ralpholsson.bsky.social

@ralpholsson.bsky.social

1 June

I really admire your ability to carry on trying to educate people on issues like this. Personally I find it difficult not to get thoroughly depressed by that level of ignorance.

Matt Ashby

@mattashby.com

1 June

Do people say ‘AI can’t be a bubble because the tech isn’t going anywhere’ (which I agree is false) or do they say ‘there’s an AI bubble but when it bursts that probably won’t mean AI goes away’ (which is probably true)?