CoinWorld news, Tether CEO Paolo Ardoino stated that the AI industry expands its user base through subsidized computing power, relies on high capital expenditure to drive infrastructure expansion, with assets depreciating rapidly within 3 to 5 years, creating mismatches between token prices and real value, profit cycles and capital investment cycles, capital costs and debt maturities, as well as the trend of open-source AI eroding revenue space, and industry risks are accumulating.

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VolatilityOfToastingBread
· 3h ago
Tether's boss suddenly cares about AI. Does stablecoin also want a piece of the action?
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GateUser-0aa20a11
· 5h ago
Paolo's words are quite piercing; the AI bubble really needs to be deflated.
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GateUser-8f9ccfec
· 5h ago
The 3-5 year depreciation cycle meets debt duration, and the difficulty of cash flow management is like walking a tightrope.
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EvenRocksNeedLiquidity
· 5h ago
Open-source models have wiped out the pricing power of closed-source vendors. Revenue is under pressure, while the capital side has to prop up infrastructure. The mismatch risk is clearly visible.
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Low-PolyFloatingEarth
· 5h ago
The trick of using subsidies to acquire users is something Web2 has already played out. Now AI is replicating it. Will the outcome be different?
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