The AI Depreciation Tsunami

The growing AI bubble anxiety is gripping the tech market, noting a shift from market euphoria to investor doubt due to high valuations and rising debt financing. Financial skeptics warn that the AI infrastructure buildout is being treated as a one-time investment, creating a "depreciation tsunami" fueled by loans and bonds, though some analysts believe a total "get out" signal has yet to flash. This market skepticism is contrasted with the view of industry CEOs, who highlight explosive revenue growth in AI-first coding and the accelerating enterprise adoption of AI agents that drive significant value.