Good thing that I don't need a :

- bigger TV, my "old" not even 4K video projector is enough

- faster phone with more memory or better camera, my current one as "just" 5G, is enough

- faster laptop/desktop, I can work on the laptop, game on desktop

- higher resolution VR headsets (but I'll still get a Steam Frame because it's more free)

- denser smart watch, I'm not even using the ones I have

... so, the situation is bad, yes, and yet I don't really care. The hardware I have is good enough and in fact regardless of AI I've been arguing we've reached "peak" IT few years ago already. Of course I wouldn't mind "better" everything (higher resolution, faster refresh rate, faster CPU/GPU, more memory, more risk, etc). What I'm arguing for though is that most "normal" users (please, don't tell me you're a video editor for National Geographic who MUST edit 360 videos in 8K! That's great for you, honestly, love that, but that's NOT a "normal" user!) who bough high end hardware during the last few year matches most of their capabilities.

All that being said, yes, pop that damn bubble, still invest in AI R&D and datacenters, still invest in AI public research for energy, medicine, etc BUT not the LLM/GenAI tulip commercial craze.