That isn't what is happening though. None of this is based on anything that stands up to scrutiny. This isn't investing, this is buying the story being sold fo

That isn't what is happening though. None of this is based on anything that stands up to scrutiny. This isn't investing, this is buying the story being sold for AI. Lest we forget, A story whose bull case, automates the jobs of many people who are currently employed, creating a gig economy for white collar work. Anyone who is buying this, is buying this for the potential future payoff. The firms themselves bleed money at scales that makes the destruction in outright war look like a responsible use of resources.