The AI Boom That Ate the Economy

“This Is the Good Kind of Bubble”

Jeff Bezos says AI is in a bubble — but not the bad kind. It’s an “industrial bubble,” where overinvestment accelerates innovation instead of wiping out wealth. When this one bursts, he says, it’ll leave behind railroads, GPUs, and trillion-dollar winners.

But AI spending now drives nearly 40% of U.S. GDP growth, and cracks are forming — slowing earnings, debt financing, and datacenter fatigue hint at a shifting cycle. Let's have a look at a variegated array of observations related to the AI theme.