This is coming from a group that does analysis on the semiconductor and cloud industries and provided very expensive access to their models and info. They are the citation.

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Apreche 16 hours ago | parent | next [-]

So I guess it’s not a bubble then since these companies are raking in the big revenues? Or maybe they are counting all those circular investments as revenues somehow?

	▲	throw10920 16 hours ago \| parent \| next [-]
		You can make a lot of money but still be in a bubble if speculation is significantly higher than (actual or potential) revenue. I think that's most people's assumption. It's not that AI is worthless, but that it's significantly less valuable than investors are betting on.
	▲	airstrike 16 hours ago \| parent \| prev [-]
		Revenue isn't profit, and the presence or absence of either, separately or jointly, isn't sufficient to determine there is a bubble.

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dannersy 16 hours ago | parent | prev [-]

I mean, if so then they are lying through their teeth.

	▲	Aurornis 14 hours ago \| parent [-]
		Based on what? I’m inclined to trust a well known industry analyst over an HN comment with no basis.