alt Hacker NewsThe cynical take is getting more and more to be the only rational one:
The promised mega-data center deals are meant to boost valuations today, not serve tons of customers three years from now.
Replies
jjordan • yesterday at 8:33 PM
oof, this bubble popping is gonna be brutal.
It seems pretty clearly inline with the dotcom bubble to me. Every company claims to be a leading AI company, those building infrastructure are promising the moon and getting 1/3 of the way there, and no one knows how to monetize it justify the hype or expense.