[delayed]

Apple was never really at the party giving OpenAI zero and giving Google a $1 billion refund on the default search engine position fee means that you’re not exactly at the party. But Apple did pay more for memory to put into your devices. But in the case of Apple, the end users paid for it.

The companies that don’t have billions of dollars but put billions of dollars into those data centers and paid the price in debt will be the ones that will be in trouble, particularly if they did nearly everything on credit, some of the companies spent a huge amount on CapEx. If the bubble were to burst now look out below.

Sure, bubble and debt but looks a bit more complicated then typical market crash and and following burst. llm+ is a realy usefull technology and, especially, people will not want it go away :) So token will still be sold, gfx will be bought, probably some buyouts and merges...

I don't know anything about finances but: a) Wall Street is full of emotions and should have less influence of over economy; and b) pension funds didn't buy yet much ? IPOs are ongoing badly, prices are correcting ?

Also datacenter didn't really started.