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2 months agoweird how Chinese AI firms aren’t saying this - but then, they don’t have a massive fiscal crunch where they have to take delivery of trillions of dollars worth of contracted compute, that they haven’t yet found a market for . . . .
https://www.groundbrkr.com/p/the-teaser-period-why-the-ai-boom
If I didn’t know better, I’d think they were trying to angle for a bailout!
AI is obviously a bubble.
That said, Burry has also predicted 6 of the last 2 crashes.