"AI Bubble" is being cooked by mainstream media.
AI bubble has raised fears stock markets are heading for a repeat of the dotcom boom and bust of the late 1990s. This saw the values of early internet companies surge amid a wave of optimism for what was then a new technology, before the bubble burst in early 2000 and many share prices collapsed including Bitcoin.
This led to some companies going bust, resulting in job losses. A drop in share prices can also hit the value of people's savings including their pension funds.
Central banks were pressured to print a lot of money out of thin air just to keep the fiat ponzi scheme going.
