Post
Ed Zitron
edzitron.com
did:plc:qc6xzgctorfsm35w6i3vdebx
The capex is expensive, but so is running AI GPUs. People want this to be “like the dot com bubble” to not think about how big the misallocation of capital is. All of the current demand is from companies that can’t afford to pay without endless VC dollars or people renting compute to resell to them.
2026-08-23T19:27:14.262Z