I maybe wrong but the vast amount of money being thrown at AI, maybe mis-allocation. But hey, who cares when you have the printer to bail you out.
Discussion
That's a given, but they are also gonna make stoopid amounts of money on the few that pay off, so it all pans out in the end. Fiat world goes brrrrrrr.....
That's how the fiat world works. It's the wall street game. Just. borrow money and expand without worrying about profitability