The question that really matters: is the net present value of each $1 investment in AI Capex > $1 (+ some spread for borrowing costs & risk).
We'll be inference token constrained indefinitely: i.e. inference tokens supply will never exceed demand, it's just that the $/token may not be able to pay back the capital investment.
We'll be inference token constrained indefinitely: i.e. inference tokens supply will never exceed demand, it's just that the $/token may not be able to pay back the capital investment.