There is an AI bubble. It will burst. When is unknown, but think about this

[Xolodno]

13. AI is a useful tool, that's it.

What it does is simply takes something that used to be a bit time consuming and makes it easier and faster. We all had our various "templates" to get work done faster. But the thing is, that's when the work began. AI doesn't find insights, it doesn't see patterns in a market that intuition would hone in on, it doesn't recognize things that could be a problem later, etc.

CEO's are being sold on AI because a vendor is telling them how much money they can save by eliminating employee's. And given I've worked with a few C Suite people, they aren't the brightest sad to say. All they are looking at is thier bonus and not looking how the company is shrinking and about to have an economic catastrophe.

An old manager of mine gave me a call, he got the boot and not being replaced. He, like I did, worked in the guts of the company, finding out where we could increase sales, where to expand, what training was needed. Now, completely gone because the CEO thinks AI can do that for them. It won't.