>>/183582/
> the money is being anchored into tangible, physical assets. Even if an individual AI company fails, the hyper-advanced data centers, the gigawatts of power grid connections, and the millions of silicon microchips will still exist. When the dot-com bubble burst, the massive oversupply of "dark fiber" cables left in the ground is what actually made the high-speed broadband internet of the 2000s economically viable.
> By funding each other, the tech ecosystem ensures that the physical backbone of the next technological era gets built at breakneck speed—they are just praying that real, organic consumer demand catches up before the music stops.
The plan is buy it back for pennies on the dollar? 2000 .com bubble all over again...
"The dot-com bubble was a historic stock market crash, peaking on March 10, 2000, when the Nasdaq Composite index hit 5,048.62. Driven by over-speculation in internet startups and excessive venture capital, the bubble burst as many companies lacked viable business models or revenues. By October 2002, the Nasdaq dropped 78%."
https://internationalbanker.com/history-of-financial-crises/the-dotcom-bubble-burst-2000/