## Metadata - Author: [[Matt Turck]] - Full Title:: Bubble & Build: The 2025 MAD (Machine Learning, AI & Data) Landscape - Category:: #🗞️Articles - URL:: https://www.mattturck.com/mad2025?utm_campaign=Data_Elixir&utm_source=Data_Elixir_546 - Read date:: [[2025-10-29]] ## Highlights > anything growing fast (retention concerns notwithstanding). ([View Highlight](https://read.readwise.io/read/01k8r3azxygp4721ptv2h8kgje)) > The paradox of 2025 is that hype and fundamentals are both up; history suggests fallout can arrive before the payoffs. The year’s tone is acceleration, with nerves attached. ([View Highlight](https://read.readwise.io/read/01k8r3bzk7gw8b5xt11wjk37vp)) > The open question is durability: true ARR or experimental revenue that churns? ([View Highlight](https://read.readwise.io/read/01k8rq15q49b6c7hc8m512y105)) > Hard truth: if you sit on other people’s frontier models, growth can flip you into negative gross margins—the Windsurf to Cognition story is a warning. ([View Highlight](https://read.readwise.io/read/01k8rq25e8fn7z42gy5vgc059b)) > VC money can fund the land-grab, but it won’t cover bad unit economics forever. ([View Highlight](https://read.readwise.io/read/01k8rq2bhht9r2qa35z5c43x83))