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by kilgnad 1228 days ago
It is a 1:1 mapping to physical bubbles. Like soap bubbles.

I never said the bubble implies the underlying asset has no value. The bubble encases the difference in value and current value. The bubble does not encase the actual asset.

When a bubble pops that difference disappears. But the asset value remains because the intrinsic value was not what the bubble was referring to.

1 comments

My main point was that just because there is an AI bubble does not mean that AI is not useful/valuable. Seems like we agree on that.