AI BOOM or AI Bubble? Maybe price ran up too fast...but that's totally normal for stock market.
But I know for a fact that these models are improving at insane pace. Elon Musk is observing those rates of improvements. We're seeing a whole new renaissance of use cases, and utility. It feels scary on days like these, but I know things with my own eyes. I use ChatGPT, Perplexity, Tesla FSD and I can see how they are essential to RWA like Optimus, Robotaxi (and competitors). The race is on.
AI BOOM SHOWING FAMILIAR BUBBLE SIGNS, BCA SAYS
BCA Research says todayâs AI surge is mirroring past booms that later collapsed. Their review of railways, electrification, the dot-com era, and oil cycles highlights the same patterns: tech adoption is slower than expected, revenues get overestimated, debt piles up, asset prices peak early, and investment busts hurt the economy.
BCA warns the AI cycle may be near its top and could fade within 6â12 months, with a âMetaverse Momentâ marking the point to turn defensive on stocks.