'Insane bubble and bigger than 1999': Zoho founder Sridhar Vembu has a scary warning about the future of AI

Zoho founder Sridhar Vembu warns of a potential market bubble driven by AI enthusiasm, citing high price-to-sales ratios for tech giants like Nvidia, Apple, and Microsoft. He argues these valuations are disconnected from fundamentals, drawing parallels to the dot-com era and suggesting the current bubble could be even larger.