AI bubble fears keep resurfacing, and depending on who you ask, the story is either just getting started or already cracking at the edges. Doug Casey, founder of International Man and a self-described technophile who has invested across more than 50 years and 155 countries, falls firmly in the second camp. He thinks the AI trade isn't just a bubble. He thinks it's a historic mania, and he's putting his money in three places most investors aren't looking: energy, mining, and farm commodities.
Casey doesn't dispute that artificial intelligence will reshape the world. What he disputes is whether the companies building it out right now have any real path to earning money from it. That's the tension running through his entire pitch.
