Let's kill the lazy Jevons Paradox argument that AI bulls love to hide behind. The real paradox now: "How can my AI stocks go down when AI is getting better?"
Too many people think it's physically impossible for their holdings to drop while models improve. Worse, some skip all critical thinking entirely—"I own this AI stock, AI is good, therefore my stock must go up." Zero analysis of margin compression, competitive dynamics, or who actually captures the value.
I spent a year getting called a ...