October 08, 2026
Is AI a Bubble
Timothy Birdnow
Is AI a bubble? At least one billionaire thinks so.
I think so too, but I've been wrong about high tech a number of times.
Ray Dalio, the founder of Bridgewater Associates, warns this is starting to look like a classic bubble with so many corporations pouring vast sums of money into AI.
As Dalio points out, the vast expansion is being financed by debt. So this thing is blowing up like a balloon.
If AI crashes and burns it will hurt the U.S. Economy, but what will it do to China? They put all their chips on it.
This whole business about regulating AI and keeping data centers out of our neighborhoods may be moot.
Posted by: Timothy Birdnow at
09:58 AM
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Everyone is worried about artificial intelligence; meanwhile, natural stupidity is out here thriving. From the website The view from Lady Lake and this shoe fits perfectly.
Posted by: Mike at October 08, 2026 01:26 PM (r7WVt)
2
Hah! Great turn of a phrase Mike! You are going to wind up being my replacement at this site.
Posted by: Timothy Birdnow at October 09, 2026 02:02 AM (oflqW)
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