didn’t say you were wrong but look at it from another way.
the usa is leading llm development and pushing for infrastructure buildout.
for the last few years countries who have traditionally supported the usa (china, japan, uk) have been selling off their 30 year us treasury bonds. similarly gold stockpiles have increased in the same amount of time.
us banks have been dumping their ai debt this year to reduce their risk.
the signs basically pointing to a potential market collapse all tied to corporate heavyweights on the nyse.
the recession will be unavoidable and it will take the ai craze with it. when no one can afford to pay for the services the hype will fizzle out.