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Waqar Akhtar
Waqar Akhtar

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AI Bubble: Reality Check

#ai

For the past two years, it honestly felt like AI was gripping the steering wheel while humans were locked in the trunk—just watching the hype drive everything forward. But now? It actually feels like both AI and humans are gonna have their hands on the wheel, figuring things out together. (Yeah, I’m taking this straight from Thor: Ragnarok—it’s perfect.)

The hype? Slowing down. Meta just froze hiring in its AI division after blowing billions. MIT says 95% of generative AI projects don’t actually deliver value. Reality check. Sure, companies are hiring again, but the market won’t ever feel like the COVID-era tech boom—those crazy, “everyone gets hired” days are gone.

Customer Service Is the Reality Check

Take customer service. Tons of companies fired entire teams and replaced them with AI to save money. On paper, cool. In practice? A disaster. People are mad on Amazon, Swiggy, etc. Endless loops, robotic answers, zero empathy. Sure, profit margins went up, but customer trust and satisfaction tanked.
Classic bubble behavior: chasing hype instead of actually solving problems.

Apple—Waiting in the Shadows

And then there’s Apple. They literally did nothing in AI while everyone else was racing to launch flashy tools. But now? Perfect timing. Apple can start building AI that actually matters—stuff people use in real life, not just hype demos. This is where AI can shine: solving real problems instead of just padding valuations.

My Take

The AI bubble isn’t about the tech failing—it’s about misuse and overhype. Replacing humans completely rarely works. Augmenting humans? Almost always works. Devs with AI copilots, doctors with AI diagnostics, logistics teams with AI optimization—these are examples that actually help.

So yeah, some of the bubble will pop. But what’s left? Far more valuable than the hype. The future isn’t AI first. It’s AI + humans, both on the wheel, smarter together.

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