Memory prices have doubled, Macs and iPads have gone up, and iPhones are expected to follow. Ed Zitron – who writes the Where's Your Ed At newsletter, hosts the Better Offline podcast, and has been described by Politico as the AI boom's most "acerbic gadfly" – has spent years arguing the buildout driving those costs will never pay for itself. We asked him what happens to Apple if he's right. You've been calling AI a bubble since before it was fashionable.
The AI boom is about as real as the Metaverse boom.
I’ve seen researchers and academics prefer ‘AI spring’ to contrast with the AI winter of the last few decades to highlight the change in research and development spending, without the ‘successful market’ implications of the word ‘boom’. Can’t really call it a ‘boom’ when you’re losing billions a day.
I expect a mix of dotcom boom and Enron.
Don’t forget to sprinkle in some GFC with the banks it’ll take down.