The AI Stock Market Boom Might Be Fugazi But Something Real Is Brewing

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The AI stock market boom is real. The US market has doubled in just a few years and the number one reason behind it is AI hype. Nvidia went nuclear. Microsoft pivoted its entire cloud play. Even Oracle somehow got a second life.

Investors are pouring money into anything that says machine learning. Every founder is pitching AI. Every corporate is promising transformation. But ask a simple question — do we even know what’s being built?

This might be the loudest bubble of our time.

Just Like The Dotcom Boom All Over Again

You’ve seen this before. The late 90s were full of companies shouting about the internet without knowing what it was. Pets dot com. Webvan. They got rich fast then fell flat.

Same energy now. Companies say they’re training AI models and get five billion dollars. Most of them are using the same open models under the hood. Nobody really knows what’s proprietary and what’s just ChatGPT behind a pretty dashboard.

This is the dotcom era in repeat mode. Just with better slides.

Oracle’s Revival And The Corporate AI Hustle

Oracle is the perfect example. For years they were just sitting there like enterprise furniture. Now because they own cloud servers and train some large models, they’re the new hotness.

That’s not innovation. That’s luck and timing.

Same with most of the corporate AI play. People aren’t building things that matter. They’re betting on vibes.

But the AI stock market boom doesn’t care. As long as there’s a whisper of automation or data or prediction, the price goes up.

The Carbon Cost Nobody Talks About

All this hype has a cost. These AI models are massive. Training them uses absurd amounts of power and water.

That power isn’t coming from nowhere. It’s being pulled from poor neighborhoods. Blackouts are up. Bills are up. Water levels are down.

And for what? Chatbots that lie half the time?

Leftist critics are right to ask — who is this boom really helping?

Because while the rich are doubling their portfolios off the AI stock market boom, the poor are footing the electricity bill.

Scientific Reality Check

Can these current models even become AGI? Depends who you ask.

LLMs are good at pretending. They pass exams. They generate text. But they don’t understand anything.

Most serious researchers agree — we’re far from real intelligence. What we have is fast autocomplete. Useful, yes. But not the future of humanity.

So why is Wall Street treating it like the second coming?

Because it’s not about facts. It’s about narrative.

This Boom Is Real But Dangerous

Don’t get it twisted. This is a real boom. Real money is being made. Real tools are being built. But it’s not clean. It’s not honest. And it’s not going to last forever.

There will be a crash. Like with crypto. Like with dotcom.

And after that crash, the people who built actual useful stuff — not just vaporware — they’ll be the ones left standing.

The AI stock market boom is fugazi. But something real will rise from it.

Just don’t get caught holding the bag when the hype wears off.