This was a really interesting read. MS cancelling several very large capacity data centers and seems to be distancing itself from OAI. The one thing I don't think he addressed is potential efficiency gains from LLM models, but I'm not sure if they're enough for this dramatic of a pullback.
Softbank's yolo'ing into these investments feels very sketchy to me, and could lead to a huge cascade affect if it doesn't go well.
microsoft is now in defensive posture, and it's not surprising have you seen what buffet's thing has been doing, he is selling loads and piling cash for the next thing which means he is expecting a collapse of value of many assets
microsoft knows that AI is just another hype train and they have arrived and the trip is over
Yes, I do think a crash is coming. Especially with the huge edit in the GDP numbers by the fed recently.
