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Comment Still smells bubbly (Score 1) 55

> And no the bubble isn't going to pop.

It's smells more bubblier over time. Sales of AI services are not self-supporting the hardware and infrastructure needed. AI usage numbers are based on the heavily discounted services supported by investors and market-share fights. These subsidies cannot last forever. Users will be more judicious with AI use when they have to pay real prices, and the market will realize it over-built.

Investors are pricing in big breakthroughs, and if these don't arrive, the existing stacks are financially hosed.

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