Companies cut ~600K tech jobs since covid purely on AI hype. Now there is actually (some) utility. The bubble will burst at some point (they always do). I think companies cut to the bone at that point. No one knows when the top is but when it turns I don't think many of the cushy knowledge worker (white collar) jobs come back. It was a good run. 1975 - 202X?
This seems like a baffling comment. If AI is good enough to replace the vast majority of knowledge workers, why would the AI bubble burst? (Or, more accurately, why would you describe it as a bubble?)