> But when a hyperscaler does it, they just get inflated stock prices.
This reminds me of the early days of AOL when they received so much traffic that their (dial-up) lines became inaccessible. In a rational world, their stock would have suffered because their service degraded, but instead their stock rose based on the optics of increased demand.
This reminds me of the early days of AOL when they received so much traffic that their (dial-up) lines became inaccessible. In a rational world, their stock would have suffered because their service degraded, but instead their stock rose based on the optics of increased demand.