when bubbles burst crashes follow. this is a colossal bubble. i do walk around with that belief every day, because every day that passes is yet another day when this overblown AI hype bullshit fails to deliver the goods.
I think we probably are in a bubble, but much like housing bubbles in major metro areas, the value is real and so the bubble is on top of that real value vs being 100% synthetic.
IMO it's also clearly wrong, because I think even if you believe most of AI is hype you must see the value that a lot of people are getting from it, like the housing market example I gave.
Appreciate you explaining your perspective!