The BBC’s latest report highlights growing fears that Silicon Valley’s AI surge may be fuelled more by “financial engineering” than real demand - with OpenAI, Nvidia, and Oracle all tied in circular investment loops.
Even Sam Altman admits parts of AI are “kind of bubbly,” while veterans warn the fallout could rival the dot-com crash. Others argue the infrastructure being built will outlast the hype, just as the internet did.
Are we witnessing a genuine technological revolution - or history quietly setting up to repeat itself?
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bbc.com...]
