Tech, Space X and the Hype Bubble Economy

“The temperature’s rising, it isn’t surprising, it’s too damn hot.”Are we about to have an Emperor’s New Clothes moment and a return to sane AI valuations? The Tech markets create enormous real value and growth across economies, but like every other bubble in financial history they are hyped to high heaven. In the short run there is money to be made playing the game. In the long run; what is real and what is not matters. The trick is to exit the short-term game before the long run outcomes are apparent to everyone.You can read the Morning Porridge by subscribing on ⁠www.morningporridge.com⁠, and have it delivered fresh to your inbox every morning!