Listen to this post:
There is a weird paradox in terms of AI prognostication: on one hand, you don’t want to be the one to completely dismiss the most terrifying doomsday scenarios; who wants to be found out to be foolishly optimistic? At the same time, there is also pressure to give credence to the possibility that we are in a bubble, and all of this hype and spending is going to go belly up.
While I have argued against the former, I have very much been on board with the latter, making the case that bubbles can be good.
Sitting here in March 2026, however, on the morning of Nvidia’s GTC, I’ve come to a different conclusion: I don’t think we’re in a bubble (which, paradoxically, maybe is the truest evidence we are).
LLM Paradigms
