Tag: Theory of Investment Value

^{Type
post

Gary Smith
Date
March 28, 2025

Categorized
Business and Finance, Large Language Models (LLMs)

Tagged
AI bubble, Bicycle stock bubble, Dot-com bubble, Featured, Greater Fool Theory, John Burr Williams, Theory of Investment Value}

Yes, the AI Stock Bubble Is a Bubble

_{It's unfolding the way a financial bubble typically does} _{Gary Smith
March 28, 2025

6

Business and Finance, Large Language Models (LLMs)}

Unlike the Internet, LLMs are not useful enough to prompt customers to pay prices that reflect the hundreds of billions of dollars needed to develop them.