Tag Archives: finance

The AI Bubble – Redux: Hubris, FOMO and Voodoo Economics

Appeared in Substack on November 22, 2025. https://anandanandalingam649613.substack.com/p/the-ai-bubble-redux-hubris-fomo-and?r=o7w77 Artificial Intelligence will surely transform business, education and society in significant ways in years to come. However, the current exuberance about AI, especially in the financial world, is way over blown. In our 2004 book “Beware the Winners Curse” Hank Lucas and I provided compelling evidence forContinueContinue reading “The AI Bubble – Redux: Hubris, FOMO and Voodoo Economics”

Are We Heading to an AI Bubble?

Appeared in Substack on November 7, 2025: https://anandanandalingam649613.substack.com/p/are-we-heading-to-an-ai-bubble?r=o7w77 In the roaring 1990s, digital technology was having a heady time. The Internet was becoming ubiquitous, telecommunications technology was making significant advances, there was a “land rush” to obtain wireless spectrum, and dot com companies were popping up like mushrooms in a damp wooded forest. Enormous amountContinueContinue reading “Are We Heading to an AI Bubble?”