Found this, by @laurenleek.eu, really useful for crystalising some of my intuitions about the economic performance of the AI speculation rush. laurenleek.substack.com/p/ai-boom-or...
laurenleek.substack.com
AI Boom or Bubble? Introducing the Hype-to-Investment Ratio
A data-driven verdict on whether we’re living through a genuine AI boom or an over-inflated bubble - from capex and chips to markets, adoption, and a new metric that tracks the gap.