Is A.I. Actually a Bubble?

Is A.I. Actually a Bubble? The narrative of boom and bust is familiar--but also out of step with the possibilities of a new technology. Over the past few months, I've introduced artificial intelligence into the hobby life of my seven-year-old son, Peter. On Saturdays, he takes a coding class, in which he recently made a version of rock-paper-scissors, and he really wants to make more sophisticated games at home. I gave ChatGPT and Claude a sense of his skill level, and they instantaneously suggested next steps. Claude proposed trying to recreate Pong in Scratch, a coding environment for kids.