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.
I agree, albeit it is unpopular here. AI isn’t going to pop. It is, however, going to normalize. It’s a hype cycle, and we’re coming down to the realization in the hype cycle.
However, it’s not going to pop, and much to the dismay of many here, it isn’t going away. Pandora’s box has been opened. Just like photoshop it’s going to find its place in pipelines and its going to settle there. It won’t be everything AI Bros promised, but it will find its place.
In fact, It already is, as an engineer who recently searched for job, you must use AI tooling now in your interviews. It is mandated. If you don’t you will be looked at like the engineers who refused to use GUI designers in the early 2000s, or engineers who refuse to use docker and use shell scripts to deploy locally from your computer. You are going to be left behind. That may be a moral choice, but the tradeoff is being turned down for work. How do I know? Because I was turned down. Now I use Claude code, got my job, and pretty much use it daily for work. It found where it’s useful.
Is the bubble contracting? Absolutely. Is it going to pop violently? Probably not.