Скачать или смотреть Tech In Two - AI Bubble? Nvidia Boom or Bust? October 2025 Discussion

Welcome to Tech In Two. So the big question on everyone's mind is the AI boom, a bubble about to pop? Yeah, I mean, with Nvidia stock reaching these just astronomical heights, it feels so eerily like the dot com era. It's the multi trillion dollar question, Alex. Yeah, but you know the man at the center of it all, Nvidia CEO Jensen Huang, he just went on record to say, not so fast, right. He argues that comparing this moment to the year 2000 is fundamentally mistaken. Okay, well, I think a lot of nervous investors really want to hear that argument. So what's his core logic? How is this time different? It boils down to substance. Huang points out that back in 2000, the entire Internet industry was what, maybe a 30 to 40 billion dollar collection of often unprofitable startups? Wow. in contrast, the hyperskillers building out AI infrastructure today are already a profitable 2 and 1/2 trillion dollar industry. Okay, the foundation is just immensely more solid. Okay, so the ground floor is a skyscraper this time, not a shack. exactly. but what about the massive spending? isn't that speculative? well, Jensen reframes that. he sees it as a necessary upgrade, not a speculative bet. he calls it 1/2 trillion dollar transition to move the world's data centers from classical CPU based computing to new GPU powered AI factories. so he's basically saying companies aren't just hoping for value, they are building the infrastructure required to create it. okay, so it's less about chasing a dream and more about a global retooling. yeah, that's a compelling case. it is. but on the other hand, you have analysts raising red flags, warning about a potential Cisco moment where the darling infrastructure provider of one boom can still crash in a bust. and that's the tension. you have wong's vision of a new industrial revolution versus the deliberately very real patterns of market history. both sides have a point. now, here's a question we'd like you to think about. is this a genuine technological revolution where the old financial rules of bubbles and busts, they might not fully apply? or is history simply rhyming once again, just on a much, much larger scale?