When new technology first emerges, you think it's all just hype. Nvidia at $400, you say the price-to-earnings ratio is too high, and a crash is inevitable. AI tools are everywhere, and after trying them out, you think they're all just artificial idiots, convinced they can't replace human jobs. Later, it rises to $800, and AI-generated content begins to look indistinguishable from real. You still stubbornly believe it's just hype for Metaverse 2.0, a classic game of hot potato on Wall Street.

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