Galaxy CEO Mike Novogratz Calls AI the Biggest Bubble of Our Lifetime

Galaxy CEO Mike Novogratz says artificial intelligence is experiencing the "biggest bubble of our lifetime," while arguing that investors should still consider participating in the trend.
His comments highlight the tension between concerns about excessive AI valuations and the potential opportunities created by rapid investment in computing infrastructure, software and automation.
The view suggests that a market can offer substantial growth opportunities even when valuations appear stretched, although investors face significant risks if expectations move ahead of actual earnings and adoption.