The AI Bubble: A Modern-Day Echo of the Great Bicycle Boom of 1896
Via The Bubble Blog
From the infamous stock market crash of 1929 to the speculative land frenzy in Florida during the roaring twenties and the crypto craze of 2021, the narrative of financial bubbles remains eerily similar.
A novel idea or technology takes center stage, early adopters rake in the profits, and the fever catches on, infecting a growing crow…