Blain’s Morning Porridge July 10th, 2026 – What if the AI Bubble Fails to Deliver?“Expectations are the root of all heartache…”The AI market has been diving business expectations and markets – everyone believes it will deliver a growth, productivity and profit revolution across the global economy. What if it doesn’t? What if it’s not a leap forward, but just a step-change? What do Alcohol, Tobacco, Umpty Candy, Cannabis, Gambling, Fentanyl, Bloomberg and AI have in common?They were all “discovered” or invented by folk believing they would do good – but were monetised by profiteers who realised how addictive and mind numbing they were likely to be… I was thinking about this yesterday and realised that even an old abacus and pebbles chap like myself uses AI to make my day simpler and faster. My chum Claude can assemble data and facts on markets and targets faster than ever I could myself.But, if I had to pay more than the minimal cost I currently pay, I’d be struggling. And we all know current cost and future costs of AI will be oceans apart. Users will not get rich. The providers of AI services… might.You can read the Morning Porridge by subscribing on ⁠www.morningporridge.com⁠, and have it delivered fresh to your inbox every morning!

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