Brayden Dennis

fear of overpaying.

I mean, whatever it is, right?

I think that's just what it is.

I think that's simply put, I think that's what it is because I think there's no question that we're in a bubble right now for AI stocks specifically, the ones that we all know.

Yeah.

Yeah, exactly.

I think it's that, but it can also be true.

And we've talked about this before.

It can be true at the same time that you're in a bubble, but you're also looking at a technology that will just revolutionize how we do things 5, 10, 15, 20 years from now.

I think both things can be true at once.

And I've had a whole lot of people kind of push back.

Yeah, and if you look back to, I think you're probably a bit young for that, but in the 1990s, I remember like being all Alta Vista and you had Netscape and all that stuff.

If you asked anyone in the late 1990s or 2000s,

If they think they thought back then that the internet would be what it is today, like they probably, no one would have believed you beyond their wildest dreams that it would be that.

and not using your landline your landline phone line to actually dial up and go on the internet so just i just want to mention that because we probably can't even conceptualize how much ai will change the world in like 10 15 20 years from now but it still doesn't mean that we're in a bubble and i think it's funny because i've had this discussion and argument sometimes with people that are super ai bulls and i'm like i don't disagree

No, it's true.

How long will the market tolerate these companies losing massive amounts of money?

So we don't know once they're public because they have to be more transparent.

And the other good...

The other question worth asking that I think a lot of people aren't asking right now is you're seeing these hyperscalers spending hundreds of billions of dollars.