Yes, there are concerns that the hype surrounding AI could be turning the industry into a bubble that could burst. The rapid growth and high valuations of AI-related companies, particularly tech giants like Nvidia, Microsoft, Apple, Tesla, Amazon, Meta, and Alphabet, have led to speculation about a potential bubble. This is reminiscent of the dot-com bubble, where companies' stocks soared on hype before eventually crashing due to unrealized expectations and unproven business models. However, some argue that the AI boom is different because it involves established companies with significant investments in AI, rather than purely speculative ventures.