It's pretty clear that the financialization aspect of AI is a bubble. There's way too much market cap created by trading debt back and forth. How well AI will work remains an open question at this point.

▲

milesskorpen 3 hours ago | parent [-]

It's a big number - but still less than tech industry profits.

	▲	Octoth0rpe 3 hours ago \| parent [-]
		That is true, but not evenly distributed. Oracle for example: https://arstechnica.com/information-technology/2025/11/oracl... Also, it may be true that these companies theoretically have the cash flow to cover to spending, but that doesn't mean that they will be comfortable with that risk, especially as that risk becomes more likely in some kind of mass extinction event amongst AI startups. To concretize that a bit, the remote possibility of having to give up all your profits for 2 years to payoff DC investment is fine at 1% chance of happening, but maybe not so ok at a 40% chance.