this post was submitted on 02 Jun 2026
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Surely there has to be a level of expenditure where they just can't reasonably make this back, right?
Like the debt these hyperscalers are in to their investors at this moment surpasses the debt of entire countries, yet they somehow expect to make this all back and then some??
I mean this without trying to sound facetious at all, I think a lot of the decision makers in these companies that are pushing so hard because they believe this is their path to godhood/immortality, and no price is too great for that in their eyes
I think that may be true for Peter Thiel or Larry Ellison, but for the rest of them it’s just the same old game: riding the wave of whatever investors want to see. The actual business only matters as far as they can use it to convince investors to keep throwing money at them.
If you gave them a button that would give them a million dollars but a child would die, they’d press it without a thought. They’d press the button until there were no more children on the planet. They’d use the money to convince people to have children just so they could keep pressing the button.
IMO most of these CEOs are so excited about AI because it’s just been the best money printer in a while. Investors are irrationally interested in AI, so these CEOs will continue to find any excuse to say the letters “AI” at least until people stop sending them money for it.
So far the money they put in the hole has come back doubled every time. It's an old scam, sooner or later if just doesn't come back at all.