I think if you use common sense reasoning you can see why the failure mode of AI financing predicted by AI skeptics is unlikely - that is, companies will be swimming in debt and are unable to pay for hardware.
The thing is, these AI GPUs are sold at insane markups - a 5090 was like $1700 MSRP, and a datacenter GPU can't cost like more than triple to make - its just that there's so much demand, that people are paying these markups; thast means these companies are flush with cash, and its in their best interest that their customers don't become insolvent, because then its back to selling GPUs to us rubes, who get sticker shock at 'even' a $1000 price tag.
Therefore they both have the ability and willingness to maintain this forever.
Demand also seems to be there in droves, so the only scenario I can imagine is if datacenter or power infra buildout becomes impossible - plausible, but not what people are worrying about right now.
The thing is, these AI GPUs are sold at insane markups - a 5090 was like $1700 MSRP, and a datacenter GPU can't cost like more than triple to make - its just that there's so much demand, that people are paying these markups; thast means these companies are flush with cash, and its in their best interest that their customers don't become insolvent, because then its back to selling GPUs to us rubes, who get sticker shock at 'even' a $1000 price tag.
Therefore they both have the ability and willingness to maintain this forever.
Demand also seems to be there in droves, so the only scenario I can imagine is if datacenter or power infra buildout becomes impossible - plausible, but not what people are worrying about right now.