The AI bubble as of now is nothing compared to the dotcom bubble. The only real reflection of it is in the nVidia stock price. We're not seeing IPOs of companies making no revenue and being valued in billions. It is all mag 7 capex going into nVidia.
Private startups having high valuations is completely irrelevant. VCs getting wiped out is not relevant for the wider economy.
Private startups having high valuations is completely irrelevant. VCs getting wiped out is not relevant for the wider economy.