Re:I'm Not Convinced the AI Bubble Exists
by Osato28 on Monday November 09, 2026 @04:27PM
(#50432425)
Many of these arguments make an unrealistic assumption that humans are rational economic agents.
For instance, AI can absolutely take your job while producing unmaintainable slop if non-technical managers hate working with you more (and believe me, in any large company someone up the chain of command will loathe the very concept of having to work with experts) than they hate slop (which they won't learn to hate until it collapses their company and gets them fired).
And more importantly, a revolutionary technology with unique market-breaking utility can also form a bubble if both investors that are supposed to know better and regulators that are supposed to prevent bubbles are being baited and strongarmed into taking on risks on the companies' behalf.
For instance, AI can absolutely take your job while producing unmaintainable slop if non-technical managers hate working with you more (and believe me, in any large company someone up the chain of command will loathe the very concept of having to work with experts) than they hate slop (which they won't learn to hate until it collapses their company and gets them fired).
And more importantly, a revolutionary technology with unique market-breaking utility can also form a bubble if both investors that are supposed to know better and regulators that are supposed to prevent bubbles are being baited and strongarmed into taking on risks on the companies' behalf.