>>61088280

Even if that was true. It’s not. Creating a full critical mineral supply chain with refining is a decade long job. What do you think will happen to current US market valuations in the mean time? They’re just gonna chill and wait ?! Kek. POP!

Don’t forget the 8 TW energy deficit to power all this. Another “2 years” I’m sure. Try 20.

>>61076185

Eventually. But that’s a decade away. What’s the AI bubble gonna do when they can’t scale anymore. They’re already fucked because the power grid is decades behind. That’s another multi decade unsolved problem.

Besides the lack of return issue. Besides the spectacularly bloated capex. Besides all the metrics screaming bubble. They have now a two giant walls to scale right at their nose. Pulling 10 Terrawatts of power out of a hat. And pulling a rare earth industrial supply chain out of a hat. You can’t just print those. And even if they max speed it (how given the fiscal situation?) it’s still, TEN years away. Probably more seeing as they’ll fuck it up.