A.I. infrastructure is probably to a large extent a function of stock market valuations. High valuations equal lots of investor money for VCs and big cos to put

A.I. infrastructure is probably to a large extent a function of stock market valuations. High valuations equal lots of investor money for VCs and big cos to put into what's trendy. I think it's more that than careful calculations of expected return on investment. If there's a market crash it may change, like it did after the dot com crash.