Is AI Another Dot Com Bubble Waiting to Burst?
A balanced, in depth analysis of whether AI represents another dot com style bubble or a genuine technological revolution. Examines the financial reality of 700 billion dollars in annual spending against actual revenue, explores whether we are using AI correctly or just bolting chatbots onto everything, investigates why most startups are recycling old ideas as wrappers, identifies where AI is genuinely transformative (small custom solutions, problems blocked by thinking power, cost barriers), explains why Meta and Google are rehiring developers despite AI hype, exposes hidden costs in inference, error checking, and implementation, and dissects the benchmark gaming problem of tokenmaxxing. A grown up verdict that acknowledges both the bubble and the real technology underneath.