Feb 23, 2026 4:11 PM
Updated Mar 23, 2026 2:42 PM
The massive AI infrastructure buildout by tech giants like Google, Microsoft, and Amazon is unsustainable, consuming all their cash flow and forcing unprecedented borrowing. This isn't innovation; it's a dangerous spending surge that mirrors past tech bubbles, and adoption will inevitably lag the hype. Are we witnessing the next dot-com bust in AI?
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