The claims about the AI bubble are actually worth reconsidering. First, the so-called "bubble" premise itself is flawed—1 billion people are using AI products weekly, which is not hype but real user scale and usage habits. Moreover, there is no such thing as a "usage bubble."

From the supply side, even if all leading AI research teams shut down (which is almost impossible, especially for companies like Google), AI development would not come to a halt. The top researchers would move to other companies to continue their work. Talent and technological accumulation do not vanish into thin air, and industry resilience is far stronger than outsiders imagine.

A bubble typically features illusory demand and nonexistent application scenarios. But the current situation of AI is completely the opposite—practical applications have already penetrated daily life, from office efficiency to content generation, and vertical industry solutions, all have real commercial value. So rather than worrying about a bubble, it’s better to focus on technological iteration and the evolution of market patterns.