Wealthion · Monday, August 3, 2026
Jim Bianco believes that while all technologies eventually end in a bubble, the AI bubble is likely still a couple of years away. He reasons that the current market is not yet characterized by massive overcapacity, citing ongoing constraints in compute power and the limited adoption of AI by knowledge workers.
“Every technology ends in a bubble, and this one will be no different. The question is when. Is that bubble now or is it off a couple of years into the future?”
“I still think it's a couple of years into the future.”
“Because what usually ends a bubble is you get this massive overbuild that you have way too much capacity that you ever use.”