What would happen if, say, OpenAI went bust? The doomers will say that's the minute the "bubble" pops. But Google or Microsoft would just buy all of their compute the next morning. Now they've got double the GPUs and they're further ahead than they were the day before. David made a great point in this clip... People keep confusing a financial event with the technology. If someone blows up, the infrastructure doesn't vanish, it just changes hands, and whoever ends up with it will have a lead nobody can close. A bankruptcy wouldn't slow the buildout... it would actually feed it. I've written the whole thing up today, on why the AI buildout cannot stop and where it's all heading. I'll link it below.(Raoul Pal)