The billionaire risk of AI that the stock market refuses to see #AIBubble #WallStreetNews 🔍
Today the major "hyperscalers" (Google, Microsoft, Amazon) announced that for 2026 they plan to invest more than $600 billion dollars just in AI infrastructure. To give you an idea: it's more than what they invested in the last three combined years. However, Wall Street is starting to sweat cold.
Where is the return?: While companies spend fortunes on chips and servers, the actual revenues generated by AI still do not justify such a cash burn. Are we facing a new "Dotcom" where everyone invests out of fear of missing out?
It is said that Alphabet (Google) is considering issuing long-term debt to finance this race. Is it brave or desperate?
Job replacement vs. Productivity: There is a lot of talk about AI taking jobs, but the employment data in the U.S. that comes out today shows that the labor market remains tight, if AI is so efficient, why are we not already seeing that massive leap in global productivity?
