Is AI a bubble? Probably. Does that make it meaningless? Not at all. Carlota Perez’s Technological Revolutions and Financial Capital: The Dyna

Is AI a bubble? Probably. Does that make it meaningless? Not at all. Carlota Perez’s Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages (2003) is strikingly prescient--and worth revisiting [thread] * https://twitter.com/rubyscanlon/status/1958891869489836076#m https://twitter.com/rubyscanlon/status/1958891869489836076#m Perez goes back to the technology of canals: * https://en.wikipedia.org/wiki/Technological_Revolutions_and_Financial_Capital https://en.wikipedia.org/wiki/Technological_Revolutions_and_... People getting excited for something (perceived as) new is part of the human character.