Show Notes
Despite bubbly valuations, persistent market skepticism suggests the AI boom is expanding like 1996—not collapsing like 2000.
Chapters 00:00 - Introduction & Sponsor 02:13 - Defining Bubbles: Tulips, Dot-Com & 2008 06:37 - Bubble Expansion vs. Market Peak 09:34 - S&P 500 Valuations & AI Concentration 17:20 - Why Equities Require "Hopes and Dreams" 21:52 - Are We Closer to 1996 or 2000? 26:27 - AI Monetization: Frontier Models vs. Applications 32:10 - The Real Risk: Overcapacity & Technological Disruption 36:27 - Conclusion & Outro
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