alt Hacker NewsThe general concern (from him and others) is that the cloud providers are making extremely large capex commitments (borrowing, going cashflow negative) to satisfy demand from a small number of customers who may not be able to pay them.
The general concern (from him and others) is that the cloud providers are making extremely large capex commitments (borrowing, going cashflow negative) to satisfy demand from a small number of customers who may not be able to pay them.
> to satisfy demand from a small number of customers who may not be able to pay them
Because a lot of isn't real demand, e.g. given away for free or very very cheap.