Sacks’ claim is about the “next several years” of AI development following a sustained supercycle of investment and progress rather than a short hype spike followed by collapse. As of November 30, 2025, only a bit over three months have passed since the August 22, 2025 episode—far short of “several years,” so the prediction’s full time horizon hasn’t elapsed.

Available data so far show:

• AI and especially generative AI funding hit record highs in 2024 and continued rising into 2025, with generative AI companies raising about $56B in 2024 and even larger totals projected for 2025. (techcrunch.com)
• In early and mid‑2025, AI captured a majority of global VC funding (over 50–60% of all venture capital), with large late‑stage “mega‑rounds” and massive capex by big tech firms (Google, Microsoft, Meta, Amazon) on AI infrastructure. (faf.ae)
• Reports throughout 2025 describe an ongoing AI investment boom or “gold rush,” alongside warnings of possible bubble dynamics and future corrections, but no clear evidence of a broad collapse by late 2025. (fortune.com)

These facts are consistent with the early phase of a supercycle rather than a popped bubble, but they do not settle the multi‑year claim Sacks made. A sharp correction or collapse could still occur after November 2025. Since the prediction specifically concerns the trajectory over the next several years, and that period has not yet played out, it is too early to say whether he was right or wrong.

Therefore the correct classification as of November 30, 2025 is: inconclusive (too early to tell).