💼 Risks of the 'Common Destiny' Model in the AI Industry
The AI industry is moving toward a closed ecosystem of mutual investments between giants, cloud providers, and chip suppliers. This creates a bubble risk, where revenue growth may be a result of internal transactions rather than real demand. Bottlenecks are shifting toward physical infrastructure (cooling, power).
🌍 A critical interdependence among market participants is forming.
👤 Pay attention to companies providing infrastructure (cooling, HBM).
Source 1: https://www.bullbear.ninja/board/10