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Banks are now trying to offload the AI data center debt they just underwrote (startupfortune.com)
submitted 4 days ago by to c/technology@lemmy.world
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[–] 4 points 3 days ago (2 children)

They’ve been the pack leader in the tech sector for decades.

So what did they do that was crazy long bad bet .com? Them existing in the .com days leaves nothing to the discussion at hand.

Amazon was at least standing up storefronts and cloud at that point.

The MAG7 have been outperforming the rest of the market since COVID, often by 5+%

What does this have to do with Tech bubble vs AI bubble? Are you interested in being on topic or just arguing?

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  • [–] -2 points 3 days ago (1 child)

    So what did they do that was crazy long bad bet .com?

    Windows ME leaps to mind. Internet Explorer giving up enormous market share to Chrome and Netscape. Fumbling Search for twenty years. Take your pick

    What does this have to do with Tech bubble vs AI bubble?

    The Tech Bubble was largely small cap startups. AI is prevailing B2B and SaaS.

    Also "bubble" only means something in hindsight. You keep saying AI is going to crash. Where's the crash? I've been reading this prediction for half a decade

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