Miner Company
The Next Bust Could Be On The Horizon
The AI Revolution, driven by massive capex from hyperscalers like AMZN, MSFT, GOOG, and META, has propelled equities to historically high valuations. Unlike the Internet Boom, AI infrastructure—especially GPUs—faces rapid obsolescence, with real useful lives likely far shorter than current depreciation schedules suggest.
The AI Revolution, driven by massive capex from hyperscalers like AMZN, MSFT, GOOG, and META, has propelled equities to historically high valuations. Unlike the Internet Boom, AI infrastructure—especially GPUs—faces rapid obsolescence, with real useful lives likely far shorter than current depreciation schedules suggest.