Analyzing the latest remarks by Federal Reserve Vice Chair Jefferson, it can be seen that the current upward trend in AI-related stocks is significantly different from the internet bubble of the late 1990s. The key point is that AI companies have actual earnings to support them, rather than being driven purely by speculation. This performance-based rally is more sustainable. However, it is still difficult to accurately assess the long-term impact of AI on the labor market, inflation, and monetary policy. Investors are advised to focus on the actual performance of AI companies rather than blindly chasing gains. At the same time, close attention should be paid to the Federal Reserve's subsequent policy stance toward the AI industry, as it may have a significant impact on market trends.