John Chambers is not a random skeptic. He watched the dot-com boom from inside one of the biggest networking companies in the world, and he watched it collapse. When someone like that draws a comparison to today’s AI build-out, it is worth taking seriously.
The scale is different this time. Data centers, energy grids, semiconductor supply chains: the infrastructure bets are enormous. The Gulf states are pouring sovereign wealth into AI. Europe is scrambling to regulate it. China is racing to match it. And ordinary workers worldwide are watching automation eat into their industries with no clear plan for what comes next. Whether the bubble bursts slowly or all at once, the consequences will not stay inside a trading terminal.
Sources: CNBC, Fortune, Tech Startups, South China Morning Post
