It's not inconsistent to say there's a financial bubble and also genuinely think it's a new era for software development.

There aren't enough programmers to justify the valuations and capex

Dot com was a financial bubble, but the internet was still very usefull. Financial markets can become (often are) dislocated from reality.

I sometimes use grok. But not much. Your confusion is strange. I never said the tech is a bubble(it can be used today, although in very limited manner, compared to how it is being sold to the public), just the financial aspect of it. If you'd be more educated in investing, economics or geopolitics you'd understand what is going on. I am not being hyperbolic here. Even Altman admitted AI is a bubble. It's really no secret to anyone. But bubbles will be ridden no matter what, all the way up, until they pop. So knowing it is a bubble does not change much. We just know what we can expect once it pops.

tl;dr I was merely answering the question the article proposes.