AI bubble warnings and the risk of betting on the right technology

A post relays Ken Griffin's view that AI is “almost certainly” in a bubble and quotes Redpoint's Logan Bartlett from a 2024 conversation. Bartlett said VC incentives can favor leaning into a boom, even when the investments may not pay off. He compared AI with earlier internet and crypto bubbles and argued that being right about a technology does not mean being right about an investment opportunity.