If AI revenue by 2030 needs to be more than the combined 2024 revenue of Amazon, Apple, Alphabet, Microsoft, Meta and Nvidia just to recoup the costs of depreciation on the chips then it's a bubble.

What if we admit it and also approve it?

Stock pumping is this generation s real estate

Sure, some companies and products might be overvalued - so what?

Why do some people insist on screaming about this from the rooftops?

Chips are unlike cars and there is very little wear and tear. If depreciation of Chips and subsequent losses is your criteria of how this bubble will burst, you may be in for a rude awakening. With Moor's law already finished, the Chips can be used for at least a decade or more even with lower efficiency and more power usage.

Forecasting the global AI market revenue in 2030 when we're only about 1,000 days since ChatGPT launched seems unlikely to be accurate

Good luck timing the burst, everything is a bubble

A bubble much like the dotcom bubble. but the internet didn't go away...it was flourishing 3 years later.