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Comment by lisbbb

7 hours ago

I get what you are saying. How much experience do you have with financial bubbles? I was working when the dot-com bubble burst. I also have firsthand experience with the real estate/bond market implosion. This current one has all the same signs. There is no way to charge enough to balance out the massive infrastructure investment going on.

Those models you speak of are great now, but they will degrade over time and become useless unless they get updated, right?

I look at the early days of the Internet when sites like Google and Youtube were unprofitable and looked like a great deal for us lowly users. That did not last.

It doesn’t have the same signs.

During the .com boom and bust, there was tons of fraud in Enron and the like, also when they were laying new fiber capital, little of it was being used which is why it’s still dark.

Today every transistor that is added is immediately 100% utilized.