Interview: Eric, Techub News
Organized by J1N, Techub News
The financial market bubble is not accidental, but a convergence of technological innovation, capital promotion, human greed, and lagging regulation. Cryptocurrency, AI, the internet, the development paths of these industries are surprisingly similar: new technologies bring imagination, capital boosts, information asymmetry creates arbitrage opportunities, and lagging regulation allows market frenzy to continue.
Technology itself is not a bubble, but the market's overpricing of technology often creates irrational prosperity. Bubbles may last for five years, ten years, or even longer, and geopolitical and capital games make the market more difficult to predict. But history tells us that ultimately everything will return to rationality.
In such a cycle, individual sobriety and choices are particularly important. Not always being the only sober one may not always lead to the best results, as the market's irrationality often exceeds the endurance of most people.