AI Startup Humans& Raises $480M at $4.48B Valuation

Techno-skeptic narrative

The AI industry's unprecedented $717 billion investment over three years signifies an unsustainable bubble destined for a catastrophic collapse. With infrastructure spending vastly outpacing actual end-user revenue and multiple tech giants each burning hundreds of billions of dollars in pursuit of the same monopoly, most players face inevitable write-offs that will devastate equity investors and potentially crash the broader economy.