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A Hitchhiker's Guide to the AI Bubble


Everyone's debating whether AI is a bubble while missing the real story. Two things are true: there's a massive AGI fantasy bubble built on geopolitical panic, AND a genuine ML revolution happening at ground level.

I'd been building systems since the 80s - architected investment fund migrations from mainframes to networked PCs in the City, built ERP for trading firms, then spent over a decade in enterprise consulting. Within weeks I built a serverless system processing 5 million social media posts daily, tracking topic clusters and emerging narratives in real-time. Developers who learned their craft in the age of pull requests and sprint planning sneer at their security failures, not realizing that 'best practices' are about to flip again.

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