[kryllic]

If there wasn't an ongoing de facto recession, I would wager that the overvaluation of companies _would_ be at or near dot-com bubble levels. These AI companies have plenty of venture capital, but consumers are probably not as influential as they were back then. I agree we likely won't see a dotcom-like crash, but there will still be fallout that will take months to settle.

[omgJustTest]

IMO what you are describing is distributed choice vs concentrated choice.

It's one of my main arguments against a crash: why would one (1) or a few choose to do that?

[finghin]

Unless I misunderstand your question, isn’t the obvious answer just short-term profit?

No investor has thus far invested something they can’t yet cash out.