That aside. I think the so called AI bubble is distracting from something worse. The west has not been inventing or producing anything in a long time. The prevailing zeitgeist had shifted to a greater-fool pyramid-scheme type mindset. It happened a long time ago. Long before AI.
It’s like the NFT bubble, and the crypto bubble before it, and the Metaverse, and VR, and WeWork, gigifcation of everything, etc etc. These bubbly tech products keep booming and busting because the West isn’t actually creating real value anymore, it’s just chasing every latest tech fad and then moving on to the next shiny thing when the previous fad fizzles out.
It’s like the NFT bubble, and the crypto bubble before it, and the Metaverse, and VR, and WeWork, gigifcation of everything, etc etc. These bubbly tech products keep booming and busting because the West isn’t actually creating real value anymore, it’s just chasing every latest tech fad and then moving on to the next shiny thing when the previous fad fizzles out.
The everything bubble, basically.
It’s sobering working in engineering and seeing the MBA bros take over.
No long term planning, no pride in the work, and no care about quality, safety or utility.
Just corporate slogans and bullshit.