The same way no-coiners think Bitcoin is always a bubble
People with no agents think AI is a bubble
People who say this sometimes I think forget what a bubble even means.
In 2000 we were in an internet bubble.
—That didn’t mean that the internet wasn’t the best invention in the history of human kind, it meant that a few key companies were waaaay overvalued. Yahoo, pets.com, etoys etc. they lost over 99% of their value over 2 days.
Replace those names with oracle, meta, nvda, Microsoft, coreweave, anthropic, open Ai, palantir and Broadcom.
When the bubble deflates, investors in those names will be walking around with their anus dragging on the floor behind them. 🍻
In 2000 we were in an internet bubble.
—That didn’t mean that the internet wasn’t the best invention in the history of human kind, it meant that a few key companies were waaaay overvalued. Yahoo, pets.com, etoys etc. they lost over 99% of their value over 2 days.
Replace those names with oracle, meta, nvda, Microsoft, coreweave, anthropic, open Ai, palantir and Broadcom.
When the bubble deflates, investors in those names will be walking around with their anus dragging on the floor behind them. 🍻
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