The staggering investment of $200 billion in AI by a select few companies raises questions about whether we’re witnessing the dawn of the biggest bubble in history. As expectations for AI's transformative potential grow, the risk of disappointment looms large, particularly for medium and large businesses that may cut back on spending if results don’t meet their hopes. Drawing parallels to Cisco's rise and fall in the tech boom, the conversation highlights the precarious nature of following the crowd in a rapidly evolving market.