AI chips and bespoke data centers are closer to tulips than rail or fiber in terms of deprecated assets. They're not fungible stranded assets with long shelf li

AI chips and bespoke data centers are closer to tulips than rail or fiber in terms of deprecated assets. They're not fungible stranded assets with long shelf life or room for improvment. Bubble bursting also points to current model towards AI is inherently not economically viable, i.e. we'll still be inferencing off existing models but won't be pouring 100billions into improving them. TLDR much more all or nothing gambit than past infra booms.