AI bubble debate heats Reddit

Hot take: this is less a fake boom than a very real overbuild. The compute, chips, and data-center spend are tangible; the risk is that revenue and workflow adoption lag long enough to force a painful reset.

• –Hyperscaler spending and chip demand suggest the infrastructure layer is real, not pure hype.
• –The weakest link is app-level monetization: many AI products still struggle to show durable margins or stickiness.
• –If a correction comes, it will likely hit inflated software valuations first while infra vendors stay comparatively stronger.
• –The dot-com analogy fits: bubbles can burst in price while the underlying tech still ends up reshaping the economy.