It’s fun, edgy, and contrarian to say the AI run is almost over but reality is when you talk to people in real life they still don’t get it or care.

At this point it actually feels contrarian to say we’re going higher.

The more I talk to “normal” people the more I realize nobody really cares about AI. No I’m not talking about your friends who work in tech or VC… normal everyday people who aren’t involved in markets, tech, etc. still don’t care about AI.

All they know is ChatGPT.

Everyone is anticipating the rug being pulled because stocks like Oklo or sectors like quantum are flying.

The Nasdaq doubled in the 10 months of the dot com boom. That would put $QQQ at $1,200. Not saying that happens but things get wild towards the true end.

Once the “normal” people are talking about AI, I’ll feel more inclined to think we’re close to the end.

Until then, higher.