# AI Is About to Crash. Here’s Why.

Page: https://stenobird.com/podcast/asiandadenergy-s-substack-podcast-7711112/ai-is-about-to-crash-here-s-why
Text version: https://stenobird.com/podcast/asiandadenergy-s-substack-podcast-7711112/ai-is-about-to-crash-here-s-why.md
Podcast: [AsianDadEnergy's Podcast](https://stenobird.com/podcast/asiandadenergy-s-substack-podcast-7711112)
Published: 2026-07-23T15:50:38+00:00
Episode link: https://asiandadenergy.substack.com/p/ai-is-about-to-crash-heres-why
Audio file: https://api.substack.com/feed/podcast/208216518/93098d9c5137f7806ba3dc221116a90c.mp3
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JSON: https://stenobird.com/v1/public/podcasts/asiandadenergy-s-substack-podcast-7711112/episodes/ai-is-about-to-crash-here-s-why
Duration seconds: 760

## Resource

Hello world. I’m an unemployed ex Big Tech software engineer with 25 years of experience in the technology industry. And lately, I’ve been looking at the AI industry and thinking: Is it just me, or is this bubble looking extra bubbly? Because something feels different. The AI industry is still burning through enormous amounts of money. The companies at the center of the AI boom continue to require staggering amounts of capital to build data centers, buy GPUs, train models, and keep everything running. But suddenly, the tone seems to be changing. We’re seeing some of the most insanely valued companies in history preparing to go public. We’re hearing calls for government support. And we’re seeing AI executives who spent years predicting an imminent AI driven jobs apocalypse suddenly sounding a little more... cautious. Hmm. That’s interesting. To me, this looks a lot like peak bubble behavior. It reminds me of what happens near the end of every major financial mania. Everyone starts looking for the next investor willing to buy into the dream before the music stops. Or, as we like to call them in the financial world: Bag holders. But why is this happening now? I think there are several things happening beneath the surface that are starting to expose a fundamental problem with the current AI boom. And before the AI true believers come after me with pitchforks and flaming GPUs, let me be clear. I believe AI is going to be incredibly important. I just don’t believe we have Artificial General Intelligence. Not even close. We Don’t Have AGI. We Have Very Expensive Probabilistic Parrots. Yes, AI has gotten dramatically better. We have agentic systems. We have tool integrations. We have models that can write code, analyze documents, generate images, conduct research, and occasion…

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