The AI Bubble is now an economic bomb waiting to go off. A financial WMD. Many people in the business know this and have either convinced themselves they can get out before it detonates or think they have a plan to leave other investors holding the bag. The rest are “true believers”, God help them.
Ed ZitronAnalysts estimate that 70%+ of Microsoft, Google and Amazon's present and future AI revenues are from Anthropic and OpenAI's compute spend and model sales. Outside of two unsustainable AI labs, demand barely exists, and they've massively overbuilt capacity. www.wheresyoured.at/the-ai-deman...