Is the AI Bubble Ready To Pop?

At Naked Capitalism Yves Smith published a paper by Servaas Storm:

The AI Bubble and the U.S. Economy: How Long Do “Hallucinations” Last?

Yves writes:

This is a devastating, must-read paper by Servaas Storm on how AI is failing to meet core, repeatedly hyped performance promises, and never can, irrespective of how much money and computing power is thrown at it. Yet AI, which Storm calls “Artificial Information” is still garnering worse-than-dot-com-frenzy valuations even as errors are if anythin...