Earlier quoted context omitted.
AI just solved a millennium prize problem. In a matter of days. Because of a rumor that someone else solved the same problem with AI. What exactly would AI have to do in order to not be called a bubble?
How these things are even connected? The current prices the largest players set for their models are not profitable, they bleed money. Eventually they will "fix" it. It could end up making their services less affordable and it could cascade other businesses and services that are dependent on them go out of business
How are the open-weight Chinese models staying ~6-12 months behind on widely distributed / commodified hardware, and serving for even lower prices?