✨🎈 If the AI boom goes bust, then what?

Bubbles aren't always a bad thing

My fellow pro-growth/progress/abundance Up Wingers,

The word “bubble” still spooks investors, even two decades after the 2000 dot-com crash and 2007 housing collapse. But not all bubbles are bad. Some of economic history’s biggest leaps in infrastructure and innovation have come from moments of financial excess. The current artificial intelligence boom, though perhaps showing early signs of bubble-like behavior, might end up doing more good than harm in the long run. That, even if it ends in tears for some companies and their investors.