AI Bubble Warnings Intensify — Worse Than 2000?
Markets commentators are sounding alarms that AI companies are structurally loss-making at scale, with institutional tech investors reportedly exiting entirely.
What we know
An account on X argues AI firms are effectively selling $1M products for $50K — manufacturing demand through subsidized pricing — and warns the eventual pop will be worse than 2000 because it won't be contained to equities. He also cites Ted Mortonson whose investors sold all tech positions last month with no buyback plans. This dovetails with the 'no moat' discourse: if there's no defensible position, the loss-leading race to the bottom accelerates.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.