"too many soothsayers benefit from the broken clock effect"
The dollar auction analogy for AI capex is very interesting. As an investor with an unlimited universe of options, wouldn’t the logical approach be to sidestep this dangerous game? And yet the vast majority of investors are doing the opposite…….
The dollar auction analogy for AI capex is very interesting. As an investor with an unlimited universe of options, wouldn’t the logical approach be to sidestep this dangerous game? And yet the vast majority of investors are doing the opposite…….