The Heretic’s Guide to AI’s Stars Part III: Tracepalooza & the Bezzle

Jevons Paradox does not rescue this capital expenditures cycle, and tokenmaxxing is the proof. Jevons requires that cheaper supply unlocks new users who were not previously consuming, but current incentives for tokenmaxxing means use is near saturation at enterprises already.

OpenAI is punching way above its weight with its commitments. The IPO is likely within a couple weeks, and there should be an S-1 IPO document filed soon which will give a solid look behind the curtain.

Microsoft pulled forward inventory it does not really need. It takes delivery even though builds are slowing and power shortages are biting so as to keep its priority spot as a customer of NVIDIA for the next generation chip. Just slot them into CIP (drop them on the warehouse floor) where they do no harm