Yes, but a country’s gdp is a lot more diversified than nvidias, and company bond holders have a lot more power than treasury bond holders. The party goes on for now, but there is no way these companies will keep being allowed to borrow money, and it will be clawed back due to how unprofitable these businesses are.
All of these companies except Nvidia have massive debts, and it will lead to them going bankrupt.
OpenAI’s models are worthless and they will go bankrupt. Oracle’s hardware will become worthless and they will go bankrupt. Nvidia’s hardware will become worthless, but they have paid for all of their fab capacity in advance, so they will just lose a shitton of money and become the modern day Cisco.
Yes, but a country’s gdp is a lot more diversified than nvidias, and company bond holders have a lot more power than treasury bond holders. The party goes on for now, but there is no way these companies will keep being allowed to borrow money, and it will be clawed back due to how unprofitable these businesses are.
All of these companies except Nvidia have massive debts, and it will lead to them going bankrupt. OpenAI’s models are worthless and they will go bankrupt. Oracle’s hardware will become worthless and they will go bankrupt. Nvidia’s hardware will become worthless, but they have paid for all of their fab capacity in advance, so they will just lose a shitton of money and become the modern day Cisco.