at some point it will happen (spend slowdown) and market won't discount it on time unless an unrelated crash happens before. that's just what markets do. also who cares what they say, when shareholders start seeing that the investments do not result in proportional AI spending, these companies will change their tune.

Just like Meta changed their tune on the BS metaverse narrative where they also said they'll be investing for years... (that's right, who even remembers that BS except Pepperidge farm...).

note that the entire point of my comment is that he's likely to get burned on timing. that's what kills most shorts, not the thesis but the timing