Even AI companies talk about the situation as a bubble. But the idea is this is akin to the railroad bubble or the Internet bubble. Basically, you the "frothy"

Even AI companies talk about the situation as a bubble. But the idea is this is akin to the railroad bubble or the Internet bubble. Basically, you the "frothy" development of a new technology in which you will certainly many losers but also a few massive winners. Moreover, "how do you monetize it" is not as much of a question as in dot com era. Not that things are guaranteed. But the argument that a smart speculative investor should be in AI somewhere seems convincing. It's certainly "overheated" the economy but a correction based on overheating doesn't discredit things, it just shakes thing up allows the highest quality plays to double down however many months later.