Investor calls out Jevons Paradox misuse: better AI models don't guarantee AI stocks rise

citrini · x · 2026-09-11

The author argues "Jevons Paradox" has been misused in AI stock discourse, jokingly renaming it the paradox of "how can my AI stocks go down when I don't want them to." Too many investors assume better models mechanically lift their holdings without examining the transmission logic — e.g. convincing an AMAT long down 60% that a new chatbot means higher semicap demand. The author, who spent a year being called a stock-pumping idiot for believing AI is the biggest trend of our lifetime, still urges humility: if your thesis rests on exponentially improving technology, the ceteris paribus prior deserves revisiting.

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