Andrew Ross Sorkin Warns of AI Stock Euphoria Echoing 1929 Crash

Imagine people are super excited about a new toy, like a special computer chip that helps make smart programs.

This excitement is making the value of companies that make these chips go way, way up, almost like a party that won't stop.

Some grown-ups remember a time long ago, in 1929, when everyone was also super excited about new things like radios, and they borrowed lots of money to buy stocks, but then the market crashed very hard, like a balloon popping.

Now, people are asking if this excitement about computer chips is happening too fast and too much, and if it could cause another big crash.

However, other grown-ups say that today is different because we have more rules to prevent big problems, and the companies making the most exciting tech are actually very rich already.

They also point out that sometimes, even when people warn about a bubble, it can last for a long time.

So, while there's a lot of excitement, there are also questions about whether it's too much and what might happen if it all ends.