How do the markets know it's intelligent allocation before RSI is actually a thing? What makes those companies immune to failure?
Just like Tesla was immune from all the naysayers which were saying its a highly unprofitable company which will 100% go bankrupt because its economics dont make any sense, and they lost huge amounts of money shorting the stock
In contrast, AI companies that are actually unprofitable are dependent on continuously raising additional money to sustain their operations, so a sudden drop in market confidence could become a self-fulfilling prophecy as it makes it more difficult to raise money which makes the business more risky which decreases market confidence in a downward spiral.
An actual product with huge demand is not enough to avert bankruptcy, you also need to serve that demand profitably (like Tesla does).