The AI investment bubble has misallocated massive capital (hundreds of millions to billions collectively) across AI chip makers and AI companies, but most entities spending on AI have not yet figured out profitable use cases, which will force demand moderation and expose the extreme valuations in AI stocks like Nvidia to sharp downside.
causalpending
Speaker
John RubinoEvidence Quote
“there are a huge number of people out there building AIS but very few people have figured out a way to make a profit from all the hundreds of thousands of dollars or tens of millions of dollars that they're putting into their AI”
Source
What If A Coming Recession & Bear Market Are The LEAST Of Our Worries? | John Rubino— Adam Taggart | Thoughtful Money®Created: 8/10/2026, 11:15:06 PM
My Notes
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