[epc]

It’s 1997. The executives in the boardroom have heard about this AI thing and have tasked the managerial class to make sure they have an AI plan to execute for FY2025 and FY2026. Shareholder Rights Activists are demanding that companies have an AI strategy. There has yet to be a Netscape moment though the ever larger capital raises by OpenAI and others may be the Netscape moment. Money is pouring in even though there’s little measurable benefit yet.

There will be a couple of tells when the bubble is popping: the Shareholder Rights Activists will flip to demanding companies execute the executives who implemented the wasteful AI strategies that they demanded, and “AI” companies will take over all of the ad slots for the SuperB*wl.