@DeFiMinty The main counterpoint is that the stock market is protection against inflation and dollar debasement. The government is not fixing our deficit and debt. The fed is not gonna stop supporting asset prices and printing money. This only accelerates at first signs of a crisis.
$DNA - I'm not sure if this is it, but I'm confident there WILL be massive excitement (and a subsequent bubble) around AI drug discovery. LLMs + autonomous labs seems like a way to really accelerate the drug discovery process. Ginkgo is undergoing a big pivot, but is now mainly focusing on autonomous labs - you can buy their RAC product to create your own autonomous lab or hook up your LLM to their existing lab, like OpenAI recently did. $600M market cap is tiny if this has real legs imo.
@Citrini7 Yea thatโs the problem, so many companies are now disrupt-able, even if not today, what about in 2 years? You can see where this is going. The AI is advancing so fast now, you canโt pay these valuations for a lot of companies that have that much uncertainty in front of them