Just like the dot com bubble

[Dave says]

However, after the dot com bubble burst, we still had an evolving internet that has changed so much in our economics and culture. AI will likely follow a similar trajectory.

AI stocks will collapse, bringing the stock market down steeply. But that does not mean AI is not real. It will indeed change much in our economy and culture.

Personally, at present, I can’t stand it. It degrades the quality of the internet with multitudes of fakes. But it will be worked out, it will find its place and evolve.

(Retired IT here. My old firm is integrating AI tools already. I kinda wish I was still around. Sounds like it will be interesting (for those in IT implementing AI tools)).