Thanks for the insights.
The 'podcasting bro' bit is hilarious.
I don't think demand will collapse though, since the Mag7 has the cash flow to spend, and they can monetize if the time's ripe.
What do you think?
I don't think demand will collapse though, since the Mag7 has the cash flow to spend, and they can monetize if the time's ripe.
What do you think?
I know a lot of people in the 45+ age range including many working on AI accelerators. We all think this is a bubble. The AI companies are not profitable right now for the prices they charge. There are a bunch of articles on this. If they raise prices too quickly to become profitable then demand will collapse. Eventually investors will want a return on their investment. I made a joke that we haven't reached the Pets.com phase of the bubble yet.