SMRTR TechNov 17, 2025Wired

The 4 Things You Need for a Tech Bubble

SMRTR summary

Tech companies are pouring massive amounts into AI infrastructure, with spending projected to hit $400 billion this year despite 95% of businesses seeing little return on AI investments. Using historical analysis of tech bubbles, experts identify four key warning signs that AI currently exhibits: uncertainty about profitable business models, companies whose survival depends entirely on AI success, widespread retail investor access, and shared belief that AI will revolutionize everything.

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