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2025-12-31 07:15:53 CET

@[email protected] has moved on Nostr: The good news is that the AI bubble/boom looks like it could be similar to the C19th ...

The good news is that the AI bubble/boom looks like it could be similar to the C19th railway boom.... there was a significant bust, but the boom left a widespread & transformational infrastructure in place.

The bad news is that the AI bubble/boom looks like it could be similar to the C19th railway boom.... when sentiment & economic stagnation hit, shares halved in value very quickly causing massive economic disruption.

History doesn't repeat, but it *does* rhyme!

#AI #FinancialCrisis
h/t FT