I think he is early, but there is no doubt there is a bubble. It is just a question of what will pop it? One of the big heavily capitalized frontier models throwing in the towel might do it. If Open AI, for examples, starts to fall behind and has trouble with their ipo or their ipo tanks I think that could trigger a crash because a lot of private capital would be exposed if that happens.
I think he is early, but there is no doubt there is a bubble. It is just a question of what will pop it? One of the big heavily capitalized frontier models throwing in the towel might do it. If Open AI, for examples, starts to fall behind and has trouble with their ipo or their ipo tanks I think that could trigger a crash because a lot of private capital would be exposed if that happens.
Dumb