The AI Gold Rush Was Never Just About Technology Let me talk to you like I would over a cup of coffee. The AI boom wasn’t just about smarter software or faster chips. It was about liquidity. It was about trillions of dollars sloshing through a financial system that has been running on stimulus since 2008. When interest rates stay artificially low for years and governments run massive deficits, that money has to go somewhere. In this cycle, it went into artificial intelligence. Chipmakers soared. Cloud companies exploded higher. Any CEO who said “AI” on an earnings call saw their stock pop. But markets eventually move from excitement to scrutiny. Now investors are asking the uncomfortable questions: When will AI…
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