When the AI bubble bursts, guess who pays?
Credit: Photo by Mario Tama/Getty Images
Meanwhile, the data-center race is driving up electricity and water costs nationwide. The United States is building roughly 10 times as many hyper-scale data centers as China — and footing the bill through inflated utility rates and public subsidies.
Privatized profits, socialized losses
When investor Brad Gerstner recently asked Altman how a company with $13 billion in revenue could possibly afford $1.4 trillion in commitments, Altman sneered, “Happy to find a buyer for your shares.” He can afford that arrogance because he knows who the buyer of last resort will be: the federal government.
The AI bubble isn’t about innovation — it’s about insulation. The same elites who inflated the market with easy money are now preparing to dump the risk on taxpayers.
And when the collapse comes, they’ll call it “national security.”
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