It's possible that both the bullish narrative on tech/AI and the skeptical narrative are simultaneously true: tech innovations are genuinely transformational, but valuations may also be excessive and result in poor forward returns, creating a scenario where innovation thrives but investors suffer losses.

definitionpending

Speaker

Dan Rasmussen

Evidence Quote

both possible that that's true and that some of these areas are bubbles right that there's just too much capital that's not going to get paid off uh and and both of those things can be true and actually beneficial uh in the long run to the economy.

Source

The Bubble No One Can Sell | Dan Rasmussen on the Private Equity TrapExcess Returns
Created: 8/11/2026, 8:01:35 AM

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