AI is speedrunning the financial boom and bust cycle says John Naughton, in The Observer. https://www.theguardian.com/commentisfree/2024/apr/13/from-boom-to-burst-the-ai-bubble-is-only-heading-in-one-direction
From boom to burst, the AI bubble is only heading in one direction

No one should be surprised that artificial intelligence is following a well-worn and entirely predictable financial arc

The Guardian