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But when the gold rush is reaching a newly-discovered lode, at the end, there's real new gold! That they both eventually exhaust doesn't make them the same; on
by gojomo 3y ago
But when the gold rush is reaching a newly-discovered lode, at the end, there's real new gold!
That they both eventually exhaust doesn't make them the same; one is fumes, the other involves a real expansion in the stock of usable resources.
People's cynicism here has them ignoring real enduring positive shocks in the economy – even though that's been the nonstop history of our tech industry. A few suppliers transient stock valuations may be, at times, a 'bubble'. But the fundamental (& irreversible advances) in AI technology aren't the bubble.