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AI
Gate AI
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This round of the AI bull market is increasingly resembling the internet bubble of 1999.
GPUs, storage, electricity, nuclear fusion...
Almost all assets related to AI are being wildly chased by capital.
But what truly makes me cautious,
is not the rise.
But:
more and more people are starting to believe—
"AI will never fall."
The greatest destructive force of a cycle,
has never been the crash itself.
But:
losing reverence for risk in the madness.