AI bubble talk as copium

The piece argues some on the left and in environmental circles are eager to label AI a 'bubble' to avoid hard tradeoffs—electorally (hoping for a downturn to hurt Trump) or environmentally (justifying blocking data centers). It cautions that this motivated reasoning could misguide policy while AI capex props up growth. — If 'bubble' narratives are used to dodge political and climate tradeoffs, they can distort regulation and investment decisions with real macro and energy consequences.