AI is real. The AI bubble is also real. Both things can be true.

I don’t understand why every AI debate turns into two extreme camps. One side acts like AI is fake and useless. The other side acts like questioning AI valuations means you’re some anti-technology caveman who doesn’t understand the future. The more realistic answer is probably this: AI is real, useful, and will change a lot of industries. But the current AI investment cycle still looks like a bubble. Not because the technology is fake, but because the economics are being priced like everything w