People are doing so because the math is not mathing.

Assuming that all the claims are true, this would lead to a collapse under its own weight, because at that point, supposedly, most people won't be needed in the jobs they currently occupy.

Assuming the claims aren't true, there will be a reckoning where all the glitter thrown will hit the ground and people that invested would like to have their marbles back at whatever the cost.

I'd be betting on the latter rather than the former. BECAUSE all those companies are RUSHING for an IPO because none of them want to be left with the bag.

Just for the sake of comparison and to put things in perspective, just for the spaceX situation, running a datacenter is no easy task and require significant maintenance and supporting infrastructure, now you're going to tell me that you can achieve the same and even more in space where virtually everything is more complicated to achieve? And you're telling me that your entire business, or at least a big majority of it, will be this entirely unproven infrastructure? Seems like a bit of a stretch to me...

Now this being said, somehow some things may lie in the middle, but people seem to be a bit either too fond of the claims or too aggressive towards some part of the tech stack.

> The greatest tech revolution by far and people on this site are trying to movie their money away from it. I hope y'all will do an honest retrospective in a year or so.

I this sentiment often, and think it is short-sighted:

1. The tech fails at the goal - profitability is what we see for any tech that augments humans, which isn't anywhere close to satisfying the trillions in debt, busting the market and bleeding trillions from the economy.

OR

2. The tech succeeds at the goal - humans are mostly now needed anymore other than for menial low-paid work. Economy slows, then almost completely stops.

What is the outcome you see that keeps you optimistic? How do you intend to avoid the soup kitchen if this all works out? Because, you see, if this all works out you will have nothing of value to contribute too.

AI can still have a massive impact while these three companies go nowhere.

Same as the dotcom and same as the railroads.

That doesn't necessarily make it the best investment at this point in time. Especially on a short time horizon such as "a year or so" AI stocks could easily correct 50% or so. And if you think that sounds impossible then you probably don't have much experience with the stock market.

If you’re here next year for the “honest retrospective”, it’s a deal.

Have you heard of the dot com bubble?

The trouble this time is if this goes bust I see a huge crash. And if it's wildly successful it seems worse.

Call me when the greatest tech revolution stops burning through billions and billions of dollars.

Yeah like Cisco in 2000