The most magical paradox of the AI bubble is here~

Spending hundreds of billions of dollars to train models, the ultimate business model is: charging $20/month to those it has eliminated~
The logic of B2C subscription payments is built on the three premises of "users have money, demand, and jobs"~
But this wave of AI is systematically destroying the third premise~
Layoffs → income decline → willingness to pay shrinks → subscription growth slows → valuation pressure → continued fundraising → continued burning of money → continued layoffs of more people~
This is not a technological revolution; it’s a machine that eats its own customers~
Investments are in the trillions, monetization is at coffee money level, and the gap in between is now called valuation, soon to be called a bubble~
Before every bubble bursts in history, the story is always told in an incredibly compelling way~
#AI泡沫 #Artificial Intelligence #科技股 #Unemployment #订阅经济 #Valuation