The housing bubble was meant to burst ages ago, but due to rich people controlling all the fucking money, no houses have ever gone down in price.
same will happen to RAM, and all the money tied up in AI. too many rich people want it to succeed, so the ramifications of it will continue for the forseeable future, regardless of how useful AI is.
The “housing bubble” did pop. More specifically the real-estate bubble. And it lead to some 2008 financial crisis and several points of GDP being destroyed. But it probably doesn’t do what you’d think it does? It doesn’t necessarily make houses any cheaper. It first and foremost destroys money.