He gave an innocuous response.
Which prompted the question of whether there would be strong disincentive for any Stanford business school professor to give a non-innocuous response that would be a wet blanket on the AI ambitions surrounding them.
Which prompted the question of whether there would be strong disincentive for any Stanford business school professor to give a non-innocuous response that would be a wet blanket on the AI ambitions surrounding them.
> "It is very hard to time a bubble," Prof Admati told me. "And you can't say with certainty you were in one until after the bubble has burst."
This statement is very true. Even if we are in a bubble you should not make the mistake of trying to time it properly.
For example, look at Nvidia during the last cryptocurrency hype cycle. If you predicted that was a bubble and tried shorting their stock, you would have lost since it didn't drop at all at they successfully jumped from crypto to AI and continued their rise.
I am not saying crypto wasn't a bubble, and I am not saying AI isn't a bubble; I am saying it would be a mistake to try to time it. Just VT and chill.