Understood, the next 10 years of big A AI stocks will be a land of relief for the poor! It feels quite similar to the cryptocurrency industry 10 years ago: 1. There are many retail investors, hot money, and foolish money 2. Everyone is imagining revolution: technological revolution/blockchain revolution 3. Listed companies are also HI, trying to get stuck in the neck of AI 4. The money and population of ordinary people are declining, and if they don't invest in houses, they can only go to stocks 5. Young people face difficulties in finding employment and layoffs, which forces them to love gambling. Consider South Korea for reference. The only thing to note is that there will be many large and large fluctuations that deviate from the fundamentals, so entering the market after a significant drop and holding on for a longer period of time may be a good strategy. As for the comparison between AI stocks in the United States and China, from the perspective of profitability and PE valuation, the top concept of US stocks is only 10-30 times PE, which is obviously more rational and suitable as a chassis. Think about how the cryptocurrency industry played 10 years ago? The chassis needs to be finalized, it's BTC, nothing else. But should we play IPO, VC coin, or MEME? In the cryptocurrency industry, opportunities for sudden wealth in the years 17, 21, and 26 may have been overlooked by many. However, today when we look at HYPE, we need to look at PE and buybacks. As the market matures, it also means fewer opportunities. So when it comes to BTC in the US stock market, there are also ETH and SOL in A-shares, many of which are high-quality for the long term, but there are also some "VC coins" with sky high valuations, which are actually the same thing. There is nothing new about speculative markets.