this post was submitted on 24 Jun 2025
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I don't think it will, AI will improve transform and expand in areas of usefulness, so I think we are still in the early days.
But at what point can we agree that it didn't?
When we finally get FSD for real? When AI helps improve diagnosis and saves lives?
When AI creates new molecules that are better than any chemist could do without AI.
What will it take for people to realize that AI is here to stay? And AI will remain a significant part of our economy.
Some people behave like AI is some sort of .com bubble, but from an economic viewpoint that doesn't make the slightest bit of sense. The investment landscape into AI is completely different from the .com speculation that was completely void of content.
AI is financed by established players that develop and use AI themselves, while .com was venture capital investing in ideas with no purpose.
Tesla may burst, because they try to sell themselves as an AI company, but they are so far behind it's ridiculous.
I suspect the Tesla bubble may burst in 5-10 years.
The dot-com bubbles only eliminated companies that didn't have a stable business; those that did only saw their value drop slightly. However, they later recovered and became the giants they are today.
Then in the future the term BIG AI will emerge with the new companies and the old companies in the market.