really feels like the pendulums finally swinging back against the doomers

people are just starting to believe we might not be in an ai capex bubble, rather the opposite - that the u.s. needs to invest in energy, compute and infrastructure more than ever, especially with china as a looming threat

google’s multibillion dollar deals with meta & nato, nvidia rubin rumours, usage going parabolic, anthropic claude opus breaking coding frontiers…

the market isn’t nearly as levered as you’d expect by this point and that’s because spending has largely been made by cash flow rich mag 7.