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You're assuming there will be a next time. When the AI bubble bursts, and it will, the whole economy will go down with it. AI companies are massively in debt and have a product that ranges from utter shit to kinda okay, and absolutely no sane way to monetize it. Everyone outside of tech, you know, the customers, fucking hate AI. It has stolen their work, jeopardized their livelihoods, wasted their resources and made the most insufferable asshats in history very wealthy.
Don't most modern tech companies actively lose money and rely on investors to actually pay their workers? Then again AI uses a crapton of resources compared to decade optimized search querying.
Yes and that is not sustainable, eventually you gotta pay the piper. At some point you have to be profitable. LLMs are great at a very limited use case, but these tech charlatans want to shove it everywhere for everything and it pisses most of us off. I can't imagine any regular person paying for it.
The bubble is not going to burst, but it is going to deflate as expectations are adjusted to reality. AI is revolutionary, but it's not AGI, and it will take decades to be fully realized, just like the internet.