Is There an A.I. Bubble? A Debate.

…this on the other side of healthy is whether real customers are spending real money and getting real results. So the thing that would make me uneasy would be if I saw a couple of quarters where the amount that American enterprises were spending on AI was ... the growth rate was halving, say, two quarters in a row. That would suggest that they filled their appetite and there's not going to be the revenue to keep this on the right side of healthy.…