The AI Investor hype bubble always seemed ultimately doomed. AI will be profoundly deflationary, and will likely lead us to end up dominated by a very different economic system than today, with a far smaller role for capitalism, stock markets, and investors.
This article is interesting as it neatly illustrates the schizophrenia at the heart of the AI investor worldview. On the one hand, it berates people who made claims that 300 million jobs would be automated - because they've failed to live up to that "promise" to AI investors fast enough.
What you never see is anyone joining the dots, and asking what sort of economic model society will evolve to when job automation is at that scale. (Hint: It probably won't have much room for high stock market or property prices, or prosperous investors).
There are some interesting lessons to be learned here. It seems having lots of near-empty space is driving this. Solar is being built in poorer rural areas with low planning and permitting requirements. More densely populated places can't always take such an approach easily, but it points to the fact that planning authorization may be placing a bottleneck on reducing climate change damage.