Or is it a bubble again, like the tech bust before. Interesting article on AI computing and finances. Once the tech bubble burst before, it took several years to settle down.
The tech bust wasn't a bust in the actual value or use of tech though. The .com bubble of the early 2000s didn't prove that the web wasn't a thing that was here to stay an valuable, just that the stock market had over valued it. For all the jokes, pets.com is literally a thing today, it was overvalued by wallstreet in the 2000s but today chewy.com does exactly what pets.com did, delivering dog food via the internet.
I use AI every single day in my job anymore, its not going away anytime soon. Hoping we can handwave it away or pretend its overhyped aren't going to work, its time to start figuring out how to make it work for people and how to mitigate its impact on people who can't avoid it.