Conversation

"Remember that nobody has yet worked out how to make an actual profit from AI. So what if — God forbid — number stops going up?

There’s a plan for that: large data center holders will go public as soon as possible and dump on retail investors, who will be left holding the bag when the bubble deflates."

(Original title: Pumping the AI bubble: a data center funding craze with ‘novel types of debt structures’)

https://pivot-to-ai.com/2024/11/19/pumping-the-ai-bubble-a-data-center-funding-craze-with-novel-types-of-debt-structures/