I have been using AI Coding tools daily to prototype and launch productive level apps and websites. I have also been tutoring non-computer science folks through my Wyzant tutoring business how how to use AI to product the app that they have always wish would exist in the world. One high school student is building a community golf app in New York. Another student is building a mental health app that is guided by a cute animated dragon.

I have lived through the dot-com bubble in the 2000s, and YES this generative AI period does feel like a bubble.

Ben Thompson wrote a fantastic piece of research on the The Benefits of Bubbles

if AI does nothing more than spur the creation of massive amounts of new power generation it will have done tremendous good for humanity. … To that end, I’m more optimistic today than I was even a week ago about the AI bubble achieving Perez-style benefits: power generation is exactly the sort of long-term payoff that might only be achievable through the mania and eventual pain of a bubble, and the sooner we start feeling the financial pressure — and the excitement of the opportunity — to build more power, the better.