Sergey has gone a bit culty. But yeah. There are no moats that can keep out everyone who has built and operated data centers before the AI bubble. For these players, overspending, up to a point, is a defensive move.
The cult definitely has some Jonestown overtones: the singularity is coming so things so mundane as a bond rating are of no concern. One way or the other.
The cult definitely has some Jonestown overtones: the singularity is coming so things so mundane as a bond rating are of no concern. One way or the other.