It also means it is a great time to be able to produce value and be in control of its distribution (eg. start your startup and control the equity). People with lots of money are hungry for yields and will push your valuation higher and higher.
I've read about this a few time this year, do you think there will be some "tipping point" or crisis about these funds not being able to generate wealth?
Probably - interest rates rise a bit, the markets start going down rather than up, the pension funds end up needing topping up / bailing out. The economist Minsky had an interesting theory that in stable prosperous times people borrow to buy office blocks and the like until the degree of leverage makes the system unstable and it all goes wrong. Unless you have govt intervention to stop that which seems kind of absent in the west at the moment. https://en.wikipedia.org/wiki/Minsky_moment
See: cryptocurrencies (bitcoin etc) or sharing economy startups (uber, airbnb etc)