When the AI bubble bursts, who’ll be left standing?

Most people seem to agree that the AI bubble is going to pop at some point. But what happens next is more uncertain.

As Sir Isaac Newton discovered, the core scientific law of gravity is that what goes up must come down. The principle applies in many areas, which is why markets are jittery about the near-unchecked, three-year growth of stock prices fueled by the strength of the generative-AI revolution.