It’s hard to ignore the feeling that disaster looms as the AI bubble grows and the bets ‘shadow bankers’ are making look increasingly shaky

Investment is flooding into AI, with no clear understanding of how the technology will perform in terms of profitability. Stock image/Getty

Investment is flooding into AI, with no clear understanding of how the technology will perform in terms of profitability. Stock image/Getty

The Big Bang came at the birth of the universe, but in the world of business it always comes at the end of a massive boom.

Paschal Donohoe’s budget this week was framed against a backdrop of unprecedented levels of cash in the Exchequer at home, and also unprecedented risk and uncertainty around the world.