“an economic, asset, market bubble lasts for about 5.6 years or about 67.5 months. 98% confidence interval indicates a range of 3.1 years to 8.15 years. Thus, as per the data, there is a 98% probability that a bubble should have an age of 5.3 years ± 2.53 years.”
p.s. I love that their data goes back as far the Tulipmania in 1634-1638.
More on that in the excellent book “Extraordinary Popular Delusions and the Madness of Crowds.”
“Only” 10 years makes it sound shorter than it should be. 10 years is way, way longer than any bubble should last.
A lot of folks whose first language isn’t English use “only” in the way OP did. It’s not to signify a shorter amount of time than people think it ought to be. It means in this case that the AI bubble would not pop before 10 years is up.
“Only” 10 years makes it sound shorter than it should be. 10 years is way, way longer than any bubble should last.
https://www.riskconcern.com/post/the-average-age-of-a-market-asset-bubble-how-long-does-a-bubble-last-on-average
“an economic, asset, market bubble lasts for about 5.6 years or about 67.5 months. 98% confidence interval indicates a range of 3.1 years to 8.15 years. Thus, as per the data, there is a 98% probability that a bubble should have an age of 5.3 years ± 2.53 years.”
p.s. I love that their data goes back as far the Tulipmania in 1634-1638.
More on that in the excellent book “Extraordinary Popular Delusions and the Madness of Crowds.”
(Public Domain!)
https://www.gutenberg.org/files/24518/24518-h/24518-h.htm
A lot of folks whose first language isn’t English use “only” in the way OP did. It’s not to signify a shorter amount of time than people think it ought to be. It means in this case that the AI bubble would not pop before 10 years is up.
Yeah, I’d say there’s a difference between “in only 10 years” and “in 10 years only,” though this is coming from a non-native speaker as well 😅
It is annoying, though, that there is no (clear,) concise way to say “pas over 10 jaar” like I can in Dutch.