The Market Ticker - The Trouble With AI Bubbles....
A handful of new AI insanities, in no particular order.
First, and arguably the most-important in terms of market impact, is that Space-X (and presumably all the others) have GPUs they are not deliberately not putting into service. I’ve written on the cyclical financing and rather-interesting “allocation side” games in this regard which I argue violates 15 USC Chapter 1, but nobody ever goes to prison for that in the corporate world and fines, if you’ve got any sort of monopolist position, you laugh at because you can force the customer to eat them. Therefore there is no actual business risk…….
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Source: https://market-ticker.org/akcs-www?post=256144
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