The biggest AI bubble in human history is on the verge of bursting, and the 2026 data is shocking The Big Four's AI capex has skyrocketed to nearly $700 billion this year (Amazon $200 billion, Google $175-185 billion, Meta $115-135 billion, Microsoft ~$145 billion run rate)—the craziest capital gamble in history! But it’s all just LeEco 2.0 + a replay of the dot-com bubble: - GPUs turn into electronic waste within a year, yet still depreciate over six years → costs deferred, profits inflated - Subscription revenue front-loaded, massive depreciation/bad debt bombs pushed into the future - Compute power prisoner’s dilemma: don’t burn, you die; burn, and you slowly turn yourself into a debt slave The current situation is already exploding: - Oracle: capex has surged to over $50 billion, net debt exceeds $100 billion, debt-to-equity ratio skyrocketing, frantically laying off staff to stay afloat - Google: just issued a 100-year century bond to fund AI spending, burning billions of dollars every single day - Microsoft: cloud bonds + OpenAI closed loop, tying everyone else’s risks to its own balance sheet Exactly like 2000: servers bought like crazy → hardware value plummets → financial landmines → liquidity tightens → collective collapse No one can predict the exact day it will completely blow up, but the trigger point is near: Earnings report bombs / power grid collapse / bad debts exposed / interest rates spike This counterintuitive AI feast will have an unprecedented collapse. (Data updated from the latest 2026 financial reports, reposted from Tangshan Lao Wang’s original post) #AIbubble #Macroeconomics #InvestmentRisk #MarketWarning