The Bubble -

A physical bubble is a thin film of liquid (usually water and soap) trapping a pocket of gas.

: A new paradigm (like the internet or AI) excites investors.

In economics, a bubble occurs when the price of an asset far exceeds its intrinsic value. Driven by "irrational exuberance," these cycles typically follow five stages according to economist Hyman Minsky:

: Bubbles are spherical because that shape minimizes the surface area for a given volume, which is the lowest energy state .

: Users design interfaces and logic through a drag-and-drop editor .