The "correction", when it comes, is going to be ugly.

[abucci@buc.ci]

The "correction", when it comes, is going to be ugly. The quantities of misallocated capital involved in this AI mania look to be even more staggering than previously reported.

I worry that few smaller companies or startups will survive, and the country will be pockmocked with half-constructed data centers and obsolete equipment. This is not like the dot-com crash that left useful and unused fiber networking.

https://www.wsj.com/finance/investing/private-credits-exposure-to-ailing-software-industry-is-bigger-than-advertised-d80da378

hashtag#AI hashtag#GenAI hashtag#GenerativeAI hashtag#software hashtag#tech hashtag#dev hashtag#AssetBubble hashtag#PrivateCredit