AI is a normal technology?

Artificial intelligence represents a radical departure from "normal" technologies like electricity or spreadsheets, challenging the skeptical view that its diffusion will be slow and modest. While critics point to historical adoption lags, regulatory hurdles, and current model limitations—such as autoregressive errors or "cost disease" in physical labor—the potential for a hyperbolic growth trajectory remains high. This shift occurs when AI transitions from a tool used by humans into an autonomous force where "the hammer starts to build the hand." By enabling robots to build robots and deploying millions of parallel digital minds to solve long-standing mathematical mysteries like P versus NP, AI transcends the diminishing returns of traditional capital. Even if current financial bubbles burst, the resulting infrastructure will likely outlive its investors, fueling a self-compounding cycle of intelligence and production that ignores traditional economic constraints and academic skepticism.