"The AI bubble is about to burst and a big market correction's coming" – NY Post

The piece contends that the current AI-investing mania is a replay of the late-1990s dot-com bubble and is about to collapse. It traces the pattern of irrational exuberance - unprofitable firms priced on hype, a flood of inexperienced retail investors emboldened by financial media and cheap trading, and a handful of genuinely promising companies swept up with the froth. The historical parallel is used to argue that market sentiment, not fundamentals, is powering valuations now, and that once sentiment reverses the losses will be severe and the recovery long for most investors.

The argument names specific market mechanics likely to trigger a correction: sophisticated institutional investors are already taking profits; recent volatility followed a bad inflation report and an AI-stock selloff; looming IPOs from hyperscalers such as Anthropic and OpenAI could add fresh froth; and rising interest rates - compounded by competition between AI financing and heavy federal borrowing - will expose debt-fueled spending by many AI-dependent firms. The practical prescription is stark: lock in gains rather than chase further upside, because only a minority of AI plays have the balance-sheet strength and business fundamentals to survive the coming market reset.