Ben Thompson – The benefits of bubbles:
What goes up must come down, which is to say bubbles that inflate eventually pop, with the end result being a recession and lots of bankrupt companies. And, not to spoil the story, that will almost certainly happen to the AI bubble as well. What is important to keep in mind, however, is that that is not the end of the story, at least in the best case. Bubbles have real benefits.
(This reminds me again about how much I really want to be the Ben Thompson of local government IT. Just pay me to blog, someone! Please!)