Stop Obsessing Over AI Models. The Real War is Hidden in $1.65 Trillion of Debt.
While everyone is distracted by shiny AI demos and model benchmarks, the real AI war is being fought in the shadows of balance sheets. Big Tech is sitting on $1.65 trillion in hidden debt, betting everything on infrastructure that might never pay off. The AI race is no longer a software competitionβit’s a heavy industry death match.