Artificial Intelligence: Revolution or Bubble?

Vast investment in artificial intelligence infrastructure is fueling concerns about a bubble amid heavy borrowing, uncertain demand and limited profitability.

The absence of robust business models at some startups strengthens comparisons with the dot-com era.

The counterargument is that early stages of major technological shifts often eliminate many players while still producing durable winners.

According to the article, 2025 delivered neither the promised revolution nor a wholesale collapse; its economic effects remained uneven and costs stayed high.

The central challenge is not deploying artificial intelligence as quickly as possible, but integrating it sustainably into the right domains.