Comment I don't think the bubble will collapse (Score 1) 31
The main purpose of all these llms is to replace White collar jobs. Everything else is just leading up to that.
So even when the industry shakes out and your left with two maybe three big players they're still going to need all that electricity to replace those jobs.
So we're not going to get any cheap capacity and infrastructure out of them because they're going to be using it.
Financially a bubble might burst when the industry shakes out everybody but the big boys, but it's not going to free up a bunch of electricity. It just means there will be fewer players and a bunch of people caught holding the bag on companies that never made any money.