The depth of the current bubble extends way beyond a handful of nameplate AI companies.
The insane spending has effectively been acting as a nationwide stimulus for construction, the trades, hardware feeders, electronics companies, energy companies and then the downstream effects of the affluent class ("The 25%") spending more as they see their investments grow.
alt Hacker News
The depth of the current bubble extends way beyond a handful of nameplate AI companies.
The insane spending has effectively been acting as a nationwide stimulus for construction, the trades, hardware feeders, electronics companies, energy companies and then the downstream effects of the affluent class ("The 25%") spending more as they see their investments grow.
The economy is a net, not a whack-a-mole.