General Discussion

I think what is commonly called AI (mainly transformer technology) has significant structural issues but there's a fair amount of work going on to mitigate these (and find use cases where such AI is appropriate). However, right now what we're calling the AI Bubble is mainly a data centre and server bubble, and that one definitely is ready to pop. Think of AI not as a tool but as a justification for massive buildout of data centres (mostly on other people's dimes). AI adoption, outside of a few specific areas (code generation, media generation) is NOT getting a wide adoption, and even there, you're seeing pushback from people who were initially gung ho about AI and have become disillusioned. Yet because of the growing anti-AI swell, the technology issues, and the increasing legal minefield, AI is not seeing broad adoption. This means that we're building data centres with servers (mainly nVidia) that I have a shelf-life of only three years, and a growing number of them are becoming stranded even before they are completed. That's where the AI bubble is getting tenuous.