To further your point - I mean honestly if this all ends up being an actual bubble that doesn’t manifest a financial return for the liquidity injectors but instead a massive loss (for the .01% who are in large part putting the cash in), did humanity actually lose?

If it pops it might end up being looked at in the lens of history as one of the largest backdoor/proxy wealth redistributions ever. The capex being spent is in large part going to fund the labor of the unwashed masses, and society is getting the individual productivity and efficiency benefits from the end result models.

I’m particularly thankful for the plethora of open source models I have access to thanks to all this.

I, individually, have realized indisputable substantial benefits from having these tools at my disposal every day. If the whole thing pops, these tools are safely in my possession and I’m better because I have them. Thanks .01%!!

(the reality is I don’t think it will pop in the classic sense, and these days it seems the .01 can never lose. either way, the $1tn can’t be labeled as a waste).