This will be 10x worse than the .com bubble when it bursts (shortly) because boomers' savings are about to be cut in half just as they're set to retire.

How fucked is the US economy when the AI valuation bubble bursts?

It's obvious that AI won't just be commodified eventually but that it's ALREADY a commodity. There's no difference in quality between open source and proprietary models, and it's inevitable that the hardware side will be commodified as well with China and everyone else having every incentive in that direction.

Pic is P/E BTW, which are totally insane in the US right now especially given Trump throwing away all the US's historical advantages re: rule of law, free trade, political noninterference, etc.