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Yes, I don’t disagree. But they aren’t, and that should be telling. If AI was as advertised, they 100% would be starting build out right now. Because it would be replacing everyone and their product is central to current wasteful processes. They know it won’t. But are happily riding the bubble for the moment.
Making Hay while the sun is up isn’t particularly evil. Sell those shovels. Everyone is quite aware of the potential of a crash. What are they supposed to do? If they were to sell their RAM below worth ai could just gobble it up on the free market anyway.