We’re not in an AI bubble if rent prices for GPUs keep going up even for older models.

Those doom posting point at AI capex spending falsely equate 90s internet capex spending which was largely driven by debt.....Much of the current capex has been driven from a position of strength as the $META $AMZN $NVDA $GOOGL $MSFT $ORCL of the world sit on billions of cash....Yes, now they're tapping into the debt markets but they're doing it from a position of massive profitability, not survival.