GoKawiilOpinion piece argues AI investment boom isn't a bubble
A commentary piece pushes back on the widespread assumption that the AI industry is a financial bubble destined to collapse. The author notes AI companies have committed to roughly $3 trillion in spending and already spent about $1.9 trillion, but argues most of this covers one-off data centre buildouts rather than ongoing costs. The piece cites Anthropic's S-1 filing showing it earns $2.08 for every $1 spent on compute as evidence that underlying AI economics can be profitable once infrastructure spending slows.