Those who say there’s no AI bubble clearly don’t understand finance, and they definitely don’t understand human nature.
Even if Huang Renxun says there’s no bubble—he understands technology and marketing, but does that mean what he says must be correct?
Finance includes human nature, and human nature accounts for more than 70%.
A bubble is never a technical problem—it’s a psychological problem.
Technology can be real, the company can be profitable, and the trend can be right—but as long as human nature is still there, valuations will always run ahead of fundamentals.
This is the fate of every technological revolution throughout history.
Steam power was real, railways were real, the internet was real, and AI is also real—but “real technology” and “reasonable pricing” have never been the same thing.
In the end, the technology will remain; the bubble will burst. Yet human nature will always come back and run the cycle again—human nature will come back and run the cycle again—human nature will come back and run the cycle again!!
Financial bubbles will definitely replay in the AI revolution (and they will definitely replay the internet bubble).
The bursting of the AI bubble is far more severe than the bursting of the internet bubble.
$NVDAB
Even if Huang Renxun says there’s no bubble—he understands technology and marketing, but does that mean what he says must be correct?
Finance includes human nature, and human nature accounts for more than 70%.
A bubble is never a technical problem—it’s a psychological problem.
Technology can be real, the company can be profitable, and the trend can be right—but as long as human nature is still there, valuations will always run ahead of fundamentals.
This is the fate of every technological revolution throughout history.
Steam power was real, railways were real, the internet was real, and AI is also real—but “real technology” and “reasonable pricing” have never been the same thing.
In the end, the technology will remain; the bubble will burst. Yet human nature will always come back and run the cycle again—human nature will come back and run the cycle again—human nature will come back and run the cycle again!!
Financial bubbles will definitely replay in the AI revolution (and they will definitely replay the internet bubble).
The bursting of the AI bubble is far more severe than the bursting of the internet bubble.
$NVDAB
