In a recent LinkedIn post, Linas Beliūnas shares his perspective on the current artificial intelligence boom, drawing parallels to the dot-com era and highlighting concerns raised by Google CEO Sundar Pichai.
Beliūnas opens by quoting Pichai’s observation on the AI investment landscape:
“There is some irrationality in the current AI boom. The growth of AI investment has been an extraordinary moment.”
Echoing this sentiment, Beliūnas asserts that the current period feels remarkably similar to the surge of the internet in the 1990s, characterized by significant excitement, substantial overinvestment, and a degree of misplaced optimism. He notes the parallels with:
- Rocket-fuel excitement.
- Massive overinvestment.
- A little bit of delusion.
Analyzing the AI Investment Landscape
Beliūnas emphasizes that despite the potential for a market correction, the underlying technology is too significant to falter. He points to Pichai’s candid acknowledgment of the risks involved, stating:
“If the AI bubble pops, NO company will be immune – including us.”
According to Beliūnas, this statement is not one of fear but of strategic clarity. He argues that a substantial amount of capital is being directed towards AI, driven by hype, fear of missing out (FOMO), and speculative enthusiasm, rather than purely by fundamental value. This is leading to burgeoning energy demands and valuations that are outpacing tangible realities.
“Trillions are being thrown at AI on hype, FOMO, and vibes.”
However, Beliūnas posits that these market dynamics do not alter the fundamental trajectory of AI’s impact. He contends that AI is poised to fundamentally transform every job and industry, irrespective of whether a market bubble bursts.
Focus on Mastery, Not Market Predictions
In Beliūnas’s view, the true beneficiaries of the AI revolution will not be those who accurately predict market downturns. Instead, he highlights that success will come to those who actively engage with and master the emerging tools, such as advanced AI systems and autonomous agents.
He concludes with a powerful distinction:
“Because bubbles pop but revolutions don’t.”
This perspective suggests that while speculative investments may face volatility, the transformative power and adoption of AI technology represent a lasting revolution that will reshape the business world for the foreseeable future. Beliūnas encourages a proactive approach to learning and integrating AI technologies rather than passively observing market fluctuations.
📝 About This Content
This article is based on insights shared by Linas Beliūnas on LinkedIn.
📅 Originally posted on November 28, 2025 | View original post on LinkedIn →