It's possible. If goog's AI overview is accurate, it seems somewhat similar to speculative euphoria seen in the past (eg companies involved in electricity prior to the great depression). It's larger (currently 35% for AI versus 25% for electric/related cos), I'm guessing because of more credit. At the same time, the housing component of the market prior to the GFC was about 23%, and it wasn't as economically damaging as the GD, so hopefully the AI bubble unwinding won't be as bad.

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esseph an hour ago | parent [-]

> so hopefully the AI bubble unwinding won't be as bad

It's currently larger than the 1880s railroad boom.

"Overbuilding and speculative debt ultimately culminated in the Panic of 1893, plunging the nation into a severe economic depression."

	▲	omgwtfbyobbq 2 minutes ago \| parent [-]
		Not according to Goog's. The railroad bubble of the 1880s was supposedly 60+% of the market. It may not be accurate though. "During the 1880s, private railroad enterprises represented over 60% of the total capitalization of the entire U.S. stock market, peaking at 63% in 1881 and 1885."