u/Salty-Animator4662

Everyone’s calling AI a bubble, but I think that misses the bigger picture.

A lot of what looks like “overvaluation” could just be the dollar losing purchasing power, pushing nominal asset prices higher. That doesn’t mean there isn’t speculation, but expensive doesn’t automatically mean irrational.

Also, real bubbles rarely burst when everyone is expecting them to. Curious what people think is AI actually overvalued, or are markets just pricing in both a real tech shift and a weaker dollar?