Subject: Re: Big Tech needs $1.5 trillion to fund the AI boom
"I'm thinking the tech stock bubble in 99."

And today's overbuilding of EVs battery factories.
https://insideevs.com/news/778...


Capacity to build EV batteries far outstrips demand globally, a new report says.
It’s worst in China, but the overcapacity issue exists in every major market and poses financial risks for battery makers.
Material and production costs are still high, which means EVs often aren’t cheaper than gas cars, reducing demand.
In North America, there is 1.9 times as much capacity as demand. In Europe, the capacity-to-demand ratio is 2.2.

And China, there is an absolutely stunning flood of capacity: 5.6 times as much battery-building capacity as there is demand for batteries.