AImania is driving markets to new heights. But here's the question nobody wants to ask out loud: are we staring at a bubble?

Valuations are stretched. Investor excitement? Through the roof. Yet some economists are raising eyebrows. How sustainable is this rally? And more importantly — how much further can it actually run before reality checks in?

One economist recently broke down the dynamics behind this frenzy. The thesis? Market psychology is in overdrive. Capital is flooding into anything AI-adjacent, and traditional valuation models are being thrown out the window. Sound familiar? It should.

We've seen this movie before. Dot-com era. 2017 ICO boom. The pattern rhymes, even if the players change. The real trick isn't spotting the hype — it's figuring out when the music stops.

So where do we stand? Is this a rational repricing of future innovation, or are we riding euphoria into dangerous territory? The data suggests both narratives have merit. Which one wins depends on execution, regulation, and whether the tech delivers on its trillion-dollar promises.

What's your take? Are we in bubble territory, or is this just the beginning of a structural shift?