https://www.youngju.dev/blog 천천히 올바르게. AI Researcher & DevOps Engineer Youngju's tech blog. GPU/CUDA, LLM, MLOps, Kubernetes AI workloads, distributed training, and data engineering. ko fjvbn2003@gmail.com (Youngju Kim) fjvbn2003@gmail.com (Youngju Kim) Thu, 18 Jun 2026 00:00:00 GMT https://www.youngju.dev/blog/finance/2026-06-18-ai-bubble-debate-2026.en https://www.youngju.dev/blog/finance/2026-06-18-ai-bubble-debate-2026.en A balanced look at the debate surrounding the 2026 AI stock rally. We weigh concerns over valuations, capex, monetization lag, and circular revenue against the counterargument of real demand and productivity, comparing the moment with the dot-com bubble through data, scenarios, and checkpoints. Thu, 18 Jun 2026 00:00:00 GMT fjvbn2003@gmail.com (Youngju Kim) aiinvestingbubblenvidiavaluationmarket-trendssemiconductor https://www.youngju.dev/blog/finance/2026-06-18-ai-bubble-debate-2026.ja https://www.youngju.dev/blog/finance/2026-06-18-ai-bubble-debate-2026.ja 2026年6月現在のAI株ラリーをめぐるバブル論争をバランスよく整理します。バリュエーション・capex・収益化の遅れ・循環取引といった懸念と、実需要や生産性向上という反論を、ドットコムバブルと比較しながらデータ・シナリオ・チェックポイントで見ていきます。 Thu, 18 Jun 2026 00:00:00 GMT fjvbn2003@gmail.com (Youngju Kim) aiinvestingbubblenvidiavaluationmarket-trendssemiconductor https://www.youngju.dev/blog/finance/2026-06-18-ai-bubble-debate-2026 https://www.youngju.dev/blog/finance/2026-06-18-ai-bubble-debate-2026 2026년 6월 현재 AI 주식 랠리를 둘러싼 버블 논쟁을 균형 있게 정리합니다. 밸류에이션·capex·수익화 지연·순환 매출 같은 우려와 실수요·생산성 향상 같은 반론을 닷컴 버블과 비교하며 데이터, 시나리오, 체크포인트로 살펴봅니다. Thu, 18 Jun 2026 00:00:00 GMT fjvbn2003@gmail.com (Youngju Kim) aiinvestingbubblenvidiavaluationmarket-trendssemiconductor