Re:I'm Not Convinced the AI Bubble Exists
by amluto on Sunday November 08, 2026 @10:36PM
(#50420742)
> In 2007, It was regular people who lost their homes and their leveraged investment properties.
And the debt on which these owners defaulted had been converted into CDOs and mortgage-backed securities, it was financial institutions and investors who lost enormous amounts of money on these.
Today there are GPU-backed securities and compute futures that are helping back all the debt that is financing the datacenter boom. Maybe it’s a bubble, maybe it’s not a bubble, but either way I think its parallel to 2007.
And the debt on which these owners defaulted had been converted into CDOs and mortgage-backed securities, it was financial institutions and investors who lost enormous amounts of money on these.
Today there are GPU-backed securities and compute futures that are helping back all the debt that is financing the datacenter boom. Maybe it’s a bubble, maybe it’s not a bubble, but either way I think its parallel to 2007.