The AI ‘Boom’ Is a $2.4 Trillion Capital Trap. Here’s Why.
Big Tech’s $2.4 trillion in AI spending commitments, plus $3 trillion in existing debt, equals 15% of US GDP—a capital trap driven by game theory, not ROI. This isn’t an AI boom; it’s a hostage situation that starves the rest of the economy. The real bubble isn’t in technology—it’s in balance sheets.