The combination of high and climbing price to earnings ratios for a smaller subset of tech firms, outsize retail investment in tech (cloaked by people buying crypto), and macro environment factors like high interest rates stimulating risky lending has me swapping this bubble toward the top of the list.
I propose that by prioritizing profits and productivity we were already globally dependent on tools to find meaning in the world before generative AI. This seems to be the society we already have.
See further: https://www.morningstar.com/news/marketwatch/20250123167/six...