Long Cycle: How to Read the AI Era in the Oldest Patterns of Progress

In January 2026, Ray Dalio called the AI moment a bubble, at 80% of dot-com euphoria. Months earlier, Google's CEO said no firm would escape unscathed if it burst. Most of us still don't know whether to bet on AI, bet against it, or wait. Most of us are asking the wrong question. The Long Cycle reads the present from within the cycle, through Carlota Perez's surge model, Ray Dalio's Big Cycle, and...