Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.
Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.
Pop that bubble, baby!
This is the fascinating thing about this bubble. Usually people are suspecting a bubble/perceiving it, and are afraid of when it pops, but no one really wants it to pop, they just don’t like the fragility it causes knowing it could pop any minute.
So many people actively want the AI bubble to pop. I can’t recall a bubble so odious that everyone was rooting for it to hurry up and fail before.
I think this one is just more obviously a bubble. If the pop is inevitable, then, the sooner the better. That, and the AI everywhere all at once is tangible and in your face. No one I know likes it.