Elon said it. The big companies with other sources of revenue, like SpaceX, Google, Microsoft, and Facebook will survive. It's the myriad of startups that are neck deep in debt for building out data centers that will fall.

And, while eventually AI might fulfill its promise, it's not a given. It may not be possible with any amount of money and effort, like faster than light travel.

That doesn't matter if the house walls are coming down because the cards are falling. Of course there is something that will stop them, the real cost of LLMs. There are no real costs yet, they are hidden by the bubble. The 1% loves cutting labour cost but not when that means losing money.