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Will this AI bubble burst? Yes.
Will that somehow unravel the AI trade? Nope
This is how this shit works, it’s how it has always worked. The internet didn’t unravel after the dot-com bubble burst. A bunch of people lost a bunch of money, the companies consolidated and refocused, and it kept on trucking.
Everyone thinking the driving force behind AI dev is economic needs to pick up a history book.
Governments will pay for them just like they do nukes. That’s why US just bought a 10% stake in Intel and just singed a $200M contract with Open AI. AI will revolutionize warfare and make massive nuclear arsenals both irrelevant and a liability.
