The headline statistics are hard to ignore. In 2024, global corporate AI investment reached $252.4 billion, a 25.5% increase from 2023, and is now 13× higher than 2014 levels which has provided the foundation for concerns around bubble formation. During the dot-com bubble when the internet was first emerging, capital was allocated irrationally to unprofitable

The short answer is no. Since the pandemic, headlines have touted the gap between the haves and have-nots (high vs low income consumers). The popular narrative has been that prices (as measured by inflation) have risen markedly since the pandemic and as a result, lower income consumers have been forced to be more restrained as