I haven’t watched the debate, but with the summary it seems like there is some equivocation for what a “bubble” means. AI can be a long-term viable solution just as the internet was, but that doesn’t stop the fact that there was a bubble with the .com era and likely is one now. Usually what I understand by “bubble” is an investment speculation frenzy disconnected from the underlying economic viability of a particular trend. Even if long-term the technology is viable that doesn’t mean the near-term speculative investments track.
I haven’t watched the debate, but with the summary it seems like there is some equivocation for what a “bubble” means. AI can be a long-term viable solution just as the internet was, but that doesn’t stop the fact that there was a bubble with the .com era and likely is one now. Usually what I understand by “bubble” is an investment speculation frenzy disconnected from the underlying economic viability of a particular trend. Even if long-term the technology is viable that doesn’t mean the near-term speculative investments track.