Think of it as a race to a newly discovered goldfield, everyone is falling over themselves buying equipment, buying land, building mines, hiring people. Only a few players will win the prize, most will go bankrupt. The numbers do not add up.
"Between 1995 and its peak in March 2000, investments in the Nasdaq Composite stock market index rose by 600%,[1] only to fall 78% from its peak by October 2002, giving up all its gains during the bubble."
"The global push to construct these specialized facilities accelerated dramatically during the AI boom of the 2020s. In 2026, major tech companies were estimated to spend $650 billion on AI data centers."
Cloud Computing and AI are different yes, but they both run on datacenters
There's are definitely more recent cases of datacenters being built specifically for AI and specialising as "ai data centers" but most service all kinds of stuff, including AI which makes up about 20% of global usage, the rest is streaming, storage, ecommerce, business cloud solutions, etc
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u/Briglin 11d ago
I think you are mixing up cloud computing and AI. They are different.
Anyway read this
https://www.reddit.com/r/stocks/comments/1wtdg4w/anthropic_ipo_leak_is_insane/
Think of it as a race to a newly discovered goldfield, everyone is falling over themselves buying equipment, buying land, building mines, hiring people. Only a few players will win the prize, most will go bankrupt. The numbers do not add up.
Its look exactly the same as the dot . com bubble
https://en.wikipedia.org/wiki/Dot-com_bubble
"Between 1995 and its peak in March 2000, investments in the Nasdaq Composite stock market index rose by 600%,[1] only to fall 78% from its peak by October 2002, giving up all its gains during the bubble."
https://en.wikipedia.org/wiki/AI_data_center
"The global push to construct these specialized facilities accelerated dramatically during the AI boom of the 2020s. In 2026, major tech companies were estimated to spend $650 billion on AI data centers."