The biggest AI bubble in human history is on the verge of bursting, with 2026 data shocking 🔥💥

This year, the four giants' AI capex skyrocketed to nearly $700 billion (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 a replay of LeEco 2.0 + tech bubble:
GPU turns into electronic waste in one year, yet still depreciates over 6 years → costs shift forward, profits appear inflated
Subscription revenue is front-loaded, huge depreciation/bad debt bombs pushed into the future
Computing power’s prisoner’s dilemma: if you don’t burn, you die; if you burn, you slowly turn yourself into a debt slave
The current situation has already exploded:
- Oracle: capex surged to over $50 billion, net debt exceeds $100 billion, debt-to-equity ratio skyrocketed,疯狂裁员续命
- Google: just issued a 100-year century bond to fund AI spending, billions of dollars evaporate daily
- Microsoft: cloud vouchers + OpenAI closed loop, risk is all on others while they keep it on their books
Exactly like 2000: server buying frenzy → hardware depreciation → financial landmines → liquidity crunch → collective avalanche
No one can predict the exact day of the full blowout, but the trigger points are near:
Earnings shocks / power grid collapse / bad debts unhidden / interest rate hikes
This counterintuitive AI boom will see an unprecedented level of collapse.
(Data updated from the latest 2026 financial reports, originally from Wang Lao Wang of Tangshan)
#AI泡沫 #Macroeconomics #投资风险 #Market Warning