alt Hacker NewsI don’t buy this argument. Everyone who suggests there’s a bubble speaks about the excessive data center buildout, low demand, excessive debt financing.
All of these arguments don’t matter if you think demand will increase.
What bubble is left? Really. Just people with OpenAI or Anthropic exposure? Not that high.
low demand? Got a source for that? Anthropic is paying crazy sums to direct competitors to meet demand, so it seems that demand is quite high. Could be wrong, though.
> What bubble is left? Really. Just people with OpenAI or Anthropic exposure? Not that high.
The stock prices of 9/10 of the top S&P 500 stocks have significant AI exposure. A drop in valuation of them will be widely felt.