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I often get asked whether I think AI is a bubble. Usually because I work in an AI-native company. I took Andrew Ng’s machine learning course back when he still used Octave, and started experimenting with agentic frameworks 2 years ago. My primary thought: this is a revolution and we don’t yet know what the effects will be. No, “AI” is not a bubble. But… Yes, there is an AI bubble. The bubble isn’t…