The author critically examines the AI boom, likening its hype to past tech bubbles but noting the rapid depreciation of AI assets. They question AI claims' credibility, highlighting that much hype originates from interested parties before funding. Research often lacks peer review. Concerns include AI agents' deceptive behaviors, environmental impact, data quality issues, and biases. Economic viability is doubted, with companies struggling to see value and shifting to cheaper models. The fast-evolving field, coupled with geopolitical risks and swift asset depreciation, makes AI investments inherently risky and their long-term success unpredictable.