>long-term contracts and obligations already signed
How sure are we about this again?
Like "Bear Sterns and Lehman are good", "Trump will keep his promises", or "All these .COM companies promised they'll use our hardware!"?
That doesn't really matter all that much because just like the dot com bubble was a thing, so is the AI bubble, and people are speculating that it will move faster then you think.
To be quite fair, in only four short years we went from will smith eating spaghetti AI generated videos looking like completely stupid/absurd, to now looking hyper-fucking-realistic.
So then the question next to come will be, how much more improvement will AI have in the next 4 years?
Obviously not as much, but it will be extremely good in 4 years imho. Enough to replace all human workers? Nah, but definitely so good that a very well learned and skilled expert will probably be able to replace 2-3 junior workers doing his busy work/less intense work, for sure. In fact, that's already happening.
i mean agree with you about puts not being a good idea but the dot com bubble lasted 6 years and was fueled by regards like you.
you can call bers gey, but bols are definitely the retards