While it's great that speculation moved from "when will AGI come?" into "when will those companies blow?", I don't think they will blow any time soon.

If you have been following things, you may have noticed that there's no large economic sector out there consistently returning investments. And the investors money isn't just disappearing nor any such investor just deciding to spend everything in some beach vacation somewhere.

Until that changes, bubbles will keep growing. If the AI one deflates for any reason, it will only serve to inflate some other one.

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nitwit005 5 days ago | parent | next [-]

The biggest danger to trends is often just a new trend. There will be some "hot new investment category" if you just wait.

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Mistletoe 5 days ago | parent | prev [-]

>And the investors money isn't just disappearing nor any such investor just deciding to spend everything in some beach vacation somewhere.

I'm not sure I buy this argument. The money for investing didn't disappear in 2000 either but the market went sideways and down for over a decade.

	▲	marcosdumay 5 days ago \| parent [-]
		Famously, the US started year 2000 with a sharp, surprising, and short-lived reduction of the money supply. It took way into 2001 to get to the level it was before the shock. The one in 2008 was less clear. The data was worse, and the crisis was more confusing. But 2000 is a textbook case of deflationary shock.