Silicon Valley's AI boom runs on borrowed billions. When the bubble bursts, taxpayers will foot the bill.
Elon Musk says more than 200 specialized AI cloud companies are staring down mass extinction as debt markets slam shut — and if he's right, the losses won't stay in Silicon Valley.
The AI infrastructure boom is running on borrowed money and hypothetical revenue, not actual profits. When the financing dries up, the venture capitalists who inflated this bubble will come crawling to Washington for a taxpayer bailout, just like they did in 2008.
Musk posted on X Sunday that debt markets have
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