This is some Sun Tzu shit by Zuck + Sama. 

AI is many things but it ain’t a bubble.

BRACKY

Like, in the sense that even when the late 90’s Internet had a “bubble” on all the fake companies with high valuations, the Internet as a WHOLE was still wildly, wildly undervalued at that time. 

AI could only be a “bubble” in this sense, since obviously the tech as a whole changes everything. 

Even there, specific companies are making tons of revenue out of the gate, something never true of the Internet. 

This PR by Zuck and Sama is imo likely a way to get regulators and or competitors off scent. 

AI is the only fight that matters in tech.

Agree in general, but you don't think the datacenter co. valuations are getting a little out of hand?  Feels a lot like Cisco in 1999.

I think it could be rational for EV even if wrong in most cases (since winners can pay for so many losers, even expensive ones)