In 2025, I didn't feel AI was a bubble.

There is a clear use of LLMs.

2026?

The fact that I'm not hearing any new innovation extending beyond LLMs and diffusion-based image tells me that we are in an AI bubble.

But I may be wrong.

That said, I believe in skin-in-the-game, because, otherwise, talk is cheap.

I bought puts. Test my thesis. Lose $200 in honour of being proven wrong.

Win money, and I use it for other endeavours.

Let's see where this goes.