The AI hype cycle feels eerily familiar to anyone who lived through previous tech booms. Yeah, valuations are stretched. Some projects? Pure vaporware riding the narrative wave. But here's the thing—dismissing the entire sector because of froth is like dumping Bitcoin at $100 because you saw a dozen scam ICOs.

Real infrastructure is being built. AI agents are already settling on-chain transactions autonomously. Compute marketplaces are decentralizing access to GPU power. The signal-to-noise ratio sucks right now, granted. Most AI tokens will crater to zero, just like 95% of 2017's altcoins did.

But the underlying tech? It's not going anywhere. Machine learning models are optimizing DeFi strategies in real-time. Natural language processing is making smart contracts accessible to non-coders. These aren't moonshot fantasies—they're shipping products.

The trick isn't avoiding the AI space entirely. It's separating the builders from the bagholders. Focus on projects with actual usage metrics, not just Twitter hype. Check GitHub commits, not just marketing budgets. The winners will emerge after the washout, same as always.

TLDR: Bubbles pop, but technology compounds. Don't confuse market cycles with technological dead-ends.