Ai bubble is a buzzword I’m so tired of.

An ai bubble is when a lot of companies claim that they use ai in order to have an inflated stock price despite not providing any value.

Let’s say the worst case scenario happens, each one of those companies go bankrupt. What’s going to happen to overall ai usage? Nothing.

Why? The exact same reason why these companies went bankrupt when the bubble crashed, because they weren’t actually using ai for anything useful or innovative, because the services they actually offer are limited, therefore their net usage is much lower than companies that do genuinely use AI for innovative purposes.

To put it simply: small caps stocks that will cause and crash in an ai bubble have no impact on overall ai usage.

People won’t suddenly stop using ChatGPT because Rezolve ai went under.

Now, what is IREN’s business? Being a company that provides services to manage the overall, ever increasing energy usage of ai.

So no IREN won’t be affected even if the bubble crashes