This is a remarkably weak article to be getting as much attention as it is. It would be easy and boring to shred the whole thing systematically, so here's one example:

> When a bubble happens, it's usually preceded by the companies involved reaching obviously inflated evaluations [...] Alphabet, Meta, and NVIDIA are all AI companies that [aren't that]

Alphabet, Meta, and NVIDIA are not AI companies, and [I don't really need to explain this, right?] ignoring the inflated elephant here is a hell of a thing.

Honestly, criticising this is beneath me (sorry) and I don't really want to be here, doing that. Oh, but the irony. This article ("I'm not convinced the AI bubble exists") -- this copium -- being a busy front page submission today is such a neat way to demonstrate the bubble's existence. Truly, a thing of beauty.