So when it bursts, it will be more of a fizzle and it won’t tear down the entire economy. The failure will still result in many bankruptcies and layoffs but not all at once.
100% this, which is the deception that will keep these people going for 10-15 years.
Yeah, I've heard more in depth analysis of phased GPU use plans for up to 3-5 years of life that account for all this. I think planning for GPUs for cents on the dollar is planning to own a dollar store after 3-5 regular supermarkets have run their course in a neighborhood for 20+ years. It's not a way to reasonably look at this.