Not even the AI candyfloss economy can defy reality forever

Danish philosopher Soren Kierkegaard said that life is understood backwards and lived forward. We look at history to guide us, but the only way to truly know the future is to live our lives. If our perception of reality is subjective, then what we experience is based on beliefs or judgments that can be detached from reality. As financial markets become increasingly bubbly, Financial Times columnist Gillian Tett has described financial bubbles as a “candyfloss economy”. This term describes a...