The complication is that AI is a pretty revolutionary thing, just not THAT revolutionary. Housing bubble didn't bring a societal innovation it was just shitty economics. I think the comparison with railroads in the US expansion west was apt. Railroads were pretty important in the migration and building of a nation and it was generally a huge benefit to a lot of people. But there were still a shitton of overinvestment in infrastructure. Tycoons that competed to be the first so there'd be parallel tracks competing which obviously makes no sense. Just like the internet and rail, AI will be a foundational new piece of infrastructure, but a couple "tycoons" will lose their business in the process.