> And I'm also standing by my own idea that AI will run out of money and just be turned off due to the huge operational cost.

Thats a pretty strong outcome. It implies that not only are GPUs that power AI too expensive long term, but they cost too much to operate even if they were free.

Seems to me the more likely outcome is a wave of dotCom style bankruptcies wiping out equity holders for companies who contracted to buy chips and datacenters at MSRP, and a second wave for the groups that step in after to operate whats left without the absurd financing charges and lower capex.

> even if they were free.

They are free. You can download glm-5.2 and run it on your own hardware. Even you got hardware for free, electricity would cost you more than the sub, in most places.