The app for independent voices
Talk of an AI bubble is not new, but this chart captures the mood in a clever way. Instead of showing profits or valuations, it tracks language. Bloomberg uses AI to analyse news and count how often AI and bubble appear together. In other words, it is measuring attention and anxiety.
There is a feedback loop here. Generative AI helped fuel the boom, and now the language it sparked is being used to track doubts about that same boom. Real money is flowing into chips, data centres and AI development, yet the pay-off is still uncertain.
We have seen this before. During the dotcom era, billions went into infrastructure while many firms burned cash without a clear path to profit. A few became Amazon and Google. Most vanished. The question now is whether AI follows the same script, with a handful of durable winners rising from a long list of expensive experiments.
What do you think? Are we looking at a bubble building, or the messy early phase of a long-term transformation?
Source: Bloomberg,
