Insiders debate the AI bubble: real gains, but a credit/lending bubble looms
_onionesque · x · 2026-10-14
An X thread on whether AI is a bubble:
- @onionesque, who has worked in product, sales and SaaS teams, argues the gains from AI are real (even if oversold) but diffusion is slow; he sees a definite credit/lending bubble forming.
- @saintlennybruce counters that current claims vastly exceed foreseeable near-future capabilities, driven by VCs who funded genAI's private R&D pumping valuations. He predicts another AI winter, likening the cycle to expert systems and backpropagation eras, and recommends Boden's AI history.
- @onionesque adds that unsustainable credit stress is fueling the industry's constant atmosphere of anxiety, and argues possible futures shouldn't be downstream of fear.
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