And to add to that 4th point, there is a very real chance that many the “AI” companies that are buying all this hardware could go bankrupt at anytime and in rap

And to add to that 4th point, there is a very real chance that many the “AI” companies that are buying all this hardware could go bankrupt at anytime and in rapid succession, leaving drive/memory manufactures with a bunch of unpaid orders and a second hand market now saturated with liquidated equipment. Much like the GPU/crypto boom/bust some years ago, but on an even larger scale.