Open source could pop the AI bubble — and soon
Valuations rest on the incorrect assumption that frontier model creators have built massive, durable moats
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The AI boom is not a bubble
Valuations may be spectacular and a bust could come — but while there’s exuberance there is no mania or irrationality
Is it a bubble?
Given that the growth of demand for AI is so unpredictable, there can be no doubt investor behaviour is speculative
What a Soros theory can tell us about the AI boom
So much of bubble activity is driven by feedback loops, dubbed reflexivity by the well-known investor
Year in a word: AI bubble
The high priests of Silicon Valley and Wall Street are beginning to acknowledge the excesses of Big Tech valuations
The AI debt boom does not augur well for investors
The surge in investment may end up looking more like previous cycles of over-optimism and heavy capital spending
Investors need to look beyond the ‘bragawatts’ in AI infrastructure boom
As investment rush accelerates, the winners will control inputs unlikely to be commoditised