Scott Galloway

The answer is yes.

And that is, I think you want to invest in everything.

I don't think you want to try and talk yourself into the illusion that you can find the needle in the haystack, buy the whole haystack, dollar cost in, low cost index funds, so you don't pay fees or a lot of fees.

So I do think they're,

is a real serious bubble question.

The bear case, Anthropic has taken in roughly $72 billion in funding and does not have free cash flow projected until 2028, and AI

You know, at some point, AI is going to stop growing at the same pace.

I think, also, I think there's some existential threat from open-weight LLMs out of China, regulatory concerns.

I think the next big populist movement isn't immigration or affordability.

It's AI regulation, which has fans on both sides of the aisle.

So...

Are we in a bubble?

Probably, but it's really hard to tell when the bubble's going to pop.

It was obvious we were in a dot-com bubble in 1997, and yet the NASDAQ, I think, tripled.

So it's very hard to time the market.

And I think what you want to do is just always be in the market, always continue to save money and invest in the market and be diversified in low-cost index funds such that you don't have to try and figure out if Walmart or Anthropic—

is the better value?

The honest answer is, I don't know.

That's the bad news.

The goodness is, nor does anybody else.