The next bubble to pop: AI will change the world — and destroy fortunes

The next bubble to pop: AI will change the world — and destroy fortunes

AI will transform markets, but valuations may collapse: productivity ROI unclear, cheaper models handle most tasks, infrastructure costs (chips, data centers, electricity) erode margins. For IT leaders: optimize for ROI per use case, not premium models—competition and rising electricity costs will compress margins driving current valuations.