The Real AI Crash Will Start This Year
SMRTR summary
The AI investment boom may be heading for a painful crash by late 2026 or early 2027, driven by circular financing where the same money cycles between Nvidia, hyperscalers, and data centers to inflate valuations artificially. Rising bond yields, record household debt of $18.8 trillion, and $1.8 trillion in off-balance-sheet commitments could trigger a broader financial collapse beyond just tech stocks.
SMRTR provides this summary for quick context. The original article belongs to Hacker News.
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