> The frontier AI companies are betting "the house" on them, and if they pay off they could, hypothetically, make them financially competitive.
They are not betting the house, they are betting the American economy on it. When this crashes it will take everyone down.
I've been keeping my cash/stock ratio a bit higher than usual recently because I'm waiting for the bubble to burst. My "stock" side is mostly a company I work for that is riding the wave.