alt Hacker News>None of what we've seen in the past few years is new tech.
Well that's just wrong. Reasoning models are new and very powerful. LLMs can complete open-ended tasks that require many complex steps.
We're just beginning. The bubble will pop and investors will lose a lot of money, but we're not going back into a winter. It actually works this time.
I don't think there's any bubble to pop.
However, yes, market asset prices can go up as well as down. (If they could only go up, there would be free money to be made.)