Getty Images; Tyler Le/BI
I was there for the dot-com crash. The AI bust is going to be even more damaging.
Getty Images; Tyler Le/BI
By Henry Blodget
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I was there for the dot-com burst. Here's how the AI bubble will pop.
Stock market booms and busts have two big things in common. Those signals point to a coming burst of the AI-fueled bubble.
TL;DRAI
Anthropic's $65B annualized run-rate (7x growth) via Claude Code echoes dot-com: real demand masked by excessive leverage. AI boom shows classic bubble signals—demand/supply gap and maxed leverage—indicating downturn in 12-24 months; caution on capex.
1,813 words~8 min read
