Think they were off by an order of magnitude for this fine. The PR for reporting anything bad on AI is probably worth more than the fine for non-compliance. 100k would at least start to dent the bumper.
- pioneers in wrongness 25 years ago. Oft copied, but never vindicated.
Having a dip and then a return to growth and exceeding the previous peak size isn't exactly a bubble. The internet and tech sector has grown to dominate the global economy. What happened was more of a cyclical correction, or a dip and rebound.
That's exactly what a bubble is. You blow too fast and you get nothing but soap. You blow slow, controlled breaths balancing speed and accuracy and you get a big, sustainable bubble.
No one's saying you can't blow a new bubble, just that this current one isn't long for this world. It's just that the way investments work is that the first bubble popping will scare off a lot of the biggest investors who just want a quick turnaround.
You can have a crash without this having happened.
If you deflate over time slowly (or simply slow growth expectations) you can prevent a pop. That doesn't tend to be what historically happens, though.
Yes. This seems to be what you're doing-- carrying the metaphor too far. I believe the common use relates the asset prices to intrinsic or fundamental values.
Many will crash in rapid succession. There isn’t enough room for all these same-y companies.