[ai-x]

The content of all these comments has a smell similar to 2023 when NVDA had a spectacular run and HN was absolutely sure that AI is a bubble.

It's also similar to 2024 when HN was sure that AI is a bubble.

Similar to 2025 when HN commentators were sure that AI is a bubble.

1000% gains later, HN will continue to identify patterns of 2000/2008 and are absolutely convinced it is a bubble

Note: If a company gains 1000% and loses 50%, you can't claim you were right.

Both OpenAI and Anthropic have already gained 1000% since 2023 (In Anthropic's case almost 10,000%)

[awwaiid]

Yes, many companies going out of business altogether, some of them large, is what a bubble pop would look like. As opposed to a uh.... Correction.

[ai-x]

The ARR of OpenAI + Anthropic > $85B greater than McDonalds, Netflix, Starbucks, Google Cloud, CocaCola, and 1000 other iconic firms around the world.

If I wanted blind pattern matching comments of dot-com bubble, I can just ask LLMs of 2023 like ChatGPT 3.5

[siren2026]

Depending on how much that bubble will pop, all of those above might still be very right.

We could very well go back to the 2021 valuations.

[ai-x]

If it doesn't, at what point will the 'bears' admit they were horribly and confidently wrong?