AI Bubble Warning - Billions Poured Into Companies With No Products, Just Big Names

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July 9, 2025
From AI with Kyle News and Updates Live Stream. First aired: 8th July 2025 Watch full lives stream: https://youtu.be/ZmLkcsm09co?si=2f2VjVyGwfb-0DGi Get the full notes and summary: https://promptentrepreneur.beehiiv.com/subscribe Subscribe and turn on notifications to catch the next live stream: https://www.youtube.com/@iamkylebalmer?sub_confirmation=1 Former OpenAI executives like Ilya Sutskever and Mira Murati have launched new companies that have raised billions in funding despite having no products or clear plans, with valuations reaching into the tens of billions. This mirrors the dot-com boom where "dumb money" chases anything with AI in its name, similar to how companies once added ".com" to attract investment. While a market correction seems inevitable and will likely hurt even solid companies like Nvidia, the underlying AI technology remains genuinely valuable and useful across various sectors, suggesting the crash will clear out speculation while leaving the foundational technology intact.