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REDDIT

Ever heard of NII, Peleus, or NGI?

W
Nov 25, 2025 · 00:37

If you're banking on the new "Genesis Mission for AI" to stabilize this market, you need a history lesson from the late 90s. The US government was just as bullish on the internet.

Peleus was launched 12 months before the peak of the bubble.

The Genesis Mission will undoubtedly accelerate AI technology, but it does nothing to prevent AI companies with inflated valuations, massive cash burn rates, and unclear unit economics from failing. The *technology* survives and thrives, but the *stock market* has to price in reality eventually.