What happened to everyone’s concern about an A.I. bubble?

Less than a year ago every post on here was discussing a possible bubble.

Then it seems as if other news events took over the economic headlines. The situation with Venezuela. Then Iran and the Straight of Hormuz.

But the fundamental problem hasn’t really changed… right? P/E ratios are back to all time highs. Most of the S&P500 is heavy on tech stocks.

So… is there still risk of a bubble? Or did we already see a correction?