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This Obviously is an AI Bubble. The Math Says So
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The industry has committed between $3 and $4 trillion to infrastructure whose annualized return requirement, at valuations current markets are assigning, is approximately $600 to $800 billion in new annual profit.
Growth of AI training spending at recent multi-fold annual rates is financially unsustainable through 2030
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- https://anomalyinvestments.substack.com/p/this-obviously-is-an-ai-bubble-the
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- Aug 24, 2026Entered the graphEntered the graph; no copy stored