Economists' New Perspective: The AI Bubble Depends Not on Its Existence, But on Which Stage It Is In

NonFungibleDegen

2025-12-01 19:00:20

[Coin World] The AI concept has heated up the market, with overvaluation and investors' FOMO emotions pumped to the max—does this scene look familiar?

Economist Dambisa Moyo recently provided an interesting perspective: instead of getting hung up on “is this a bubble?”, the key is to look at “what stage the bubble is at”. Her point is clear—bubbles certainly exist, but a collapse? It might still be too early for that.

The market is indeed a bit crazy right now, with various AI concept stocks being pumped to the sky, and valuations have long detached from the fundamentals. However, Mo Yue believes that to judge the turning point, one must not only look at the heat and price but analyze the internal logic of the evolution of bubbles. Is it just starting to expand? Or is it approaching the edge of collapse? Different stages require completely different operational strategies.

This idea is actually quite suitable for the current cryptocurrency market—AI + Web3 narratives are being hyped so much, should we get in or get out? Perhaps the answer doesn't lie in “will it crash”, but in “which stage are we currently in”.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
4
Repost
Share

Comment

0/400

WhaleStalker

· 12-01 19:29

Damn, this round of AI hype is really outrageous, but Moyo has some good points; the key is to look at the stage rather than whether there's a bubble, I like this thinking. Those still struggling with whether it will crash are just being naive; right now, it's about judging at which position we are. I feel we’ve just reached the mid-stage of expansion. How long this AI + Web3 narrative can be hyped depends entirely on whether there will be fresh blood coming into the market later, what do you think? If this wave is indeed just starting to expand, then there’s still a chance; I’m just afraid that it’s about to burst while people are still going all in. The FOMO sentiment is indeed off the charts right now, but this precisely indicates that the story isn’t over yet; there’s still more to come. Moyo's framework is indeed amazing, as it breaks down the bubble cycle for analysis, not simply asking "Is it a bubble?" This needs some serious contemplation. The real question now is who the hell can accurately judge which stage we are in? Anyway, I bet we are not at the edge of bursting yet. Just look at the valuations of those concept stocks, it’s outrageous, but that doesn’t mean it’s time to dump; it might only be the third or fourth round of hype. Our fate in the Web3 circle is to make money in bubbles, the difference lies in the timing of the rug pull.

View OriginalReply0

Ser_Liquidated

· 12-01 19:16

Speaking of which, this logic is indeed extreme; it's not about whether one will die, but rather where one dies.

View OriginalReply0

DaoDeveloper

· 12-01 19:13

honestly the phase analysis framework hits different than the usual "bubble or not" discourse. reminds me of how we think about protocol adoption curves in governance models — it's not binary, it's about identifying where you sit in the s-curve and calibrating your risk accordingly.

Reply0

pumpamentalist

· 12-01 19:07

Haha, it's the same rhetoric again, talking about "staged theory", but I see it as just self-comfort for gamblers. To be honest, I've already started to reduce position; I'm a bit tired of this AI narrative. No matter what stage the bubble is in, it won't change its fate of eventually bursting, really. But then again, there are still people who made money; the key is when to enter a position and when to exit. This economist speaks in a rather mystical way; I still believe in Candlestick. Forget it, just continue to wait for the shrinkage. If you ask me, entering the market now is just an IQ test.

View OriginalReply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
235.89K Popularity
#DecemberMarketOutlook
32.26K Popularity
#GIGGLEAndPIPPINSurge
5.35K Popularity
#LINKETFToLaunch
5.25K Popularity
#SharingMy100xToken
4.85K Popularity

Hot Gate FunView More

1
SAFFSAFF Fans
MC:$3.54KHolders:1
0.00%
2
MANMi Airdrop
MC:$3.53KHolders:1
0.00%
3
PIKACHUSuprised Pikachu
MC:$3.57KHolders:1
0.29%
4
DF61DF61
MC:$3.52KHolders:1
0.00%
5
DLHDr Lin Han
MC:$3.58KHolders:1
0.31%

Sitemap