“It’s the end of the world all over again…” Headlines about a deepening stock sell off, the rising fear” gauge, and unsustainable valuations, are dominating the news flow. Relax. End of the world market crashes happen all the time. Sit back and enjoy the show. Get your buying boots ready. “No company is going to be immune , including us” saidSundar Pichai of Google. Peter Theil has sold out of Nvidia. When one of my chums, a “creative” up in London, asked on Sunday if she should invest in AI, you know it’s way too late. Even the BBC has noticed the AI bubble might be a bust…But it won’t be the end of the World… Something new will emerge. There was a time, not long ago, when calling the end of theAI bubble would have made me a contrarian. Not anymore. It’s the new consensus. Before launching into this morning’s Porridge on why AI is going to become a massively profitable utility post the inevitable correction. Let me just post a warning: There is a chance… a small one, that a market correction nowdevelops into something much, much worse that will trigger bond markets and global chaos…. but why worry now about something we’re only going to have to worry about later… This morning its AI is Dead, Long Live AI!

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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