Predicting the end of bubbles is impossible, so this one could run on for years. But in my view, this AI bubble should pop. It’s a bad policy choice to focus most of our economic investment in data centers and copyright theft. This strategy is now so important to growth that President Trump is even supporting a moratorium on state regulation of AI, which is very bad idea.
That said, the end of financial bubbles is often dangerous and unpredictable. And I don’t have a lot of confidence the people who run our central banking order will recognize what to do. On the other hand, at least this time Larry Summers won’t be the architect of whatever we end up choosing.
Some advice if you have money in the US stock market you are counting on for how to get as far away from the coming AI bubble crash as possible.
https://www.thisismoney.co.uk/money/pensions/article-15888823/Six-steps-Ive-taken-protect-pension-AI-bubble-ANDREW-OXLADE.html