[topocite]

What happened last time is exactly what will never happen again because those were all specific one off, path dependent, moments in time.

I think what you are missing is that it might not be possible to stay in business if you can't use AI to solve problems.

Before the dot com bust, I was paid in college to file papers in file cabinets all day at an office. Ten years on from that, the paper was gone, the file cabinets were gone, obviously the paper filer job was gone and even that business that employed me as a paper filer was gone because they were a dinosaur who couldn't leverage technology well and were put out of business by competitors who could.

There is huge denial on this board that everything is going to be fine hand coding on the legacy systems of dinosaur companies. Seems more likely that if the company has so much technical systems debt that models aren't useful, those companies are not going to be competitive in their area of business.