Air holes turn silicon wafers into flat UV focusing mirrors for compact optics
Summary
This article provides a skeptical, data-driven examination of the AI market and potential bubble dynamics. It analyzes AI company spending, revenue growth, debt structures, and capital markets, arguing that despite significant risks, profitability and strategic lock-in may sustain growth, making a catastrophic bust less certain. The piece also discusses regulatory and public perception risks and what they could mean for investors and AI strategy.