Arthur Hayes: AI Bubble Concentrated in Data Center Debt and Unprofitable AI Companies, Still Bullish on the Agentic Economy

Odaily Planet Daily News: Arthur Hayes posted on platform X, saying that someone asked him why he is launching an AI/crypto project while believing that AI is a bubble about to burst. He stated that the bubble lies in the debt used to build data centers, as well as in the stocks of hyperscale cloud providers and frontier labs that have yet to achieve profitability. Price is what you pay, value is what you get. He is 100% confident in the Agentic Economy, and the excess computing power brought by borrowed funds for construction supports his judgment on Flop Labs.

Previously reported, Arthur Hayes announced he would end his retirement and lead Flop Labs. Flop Labs is the "food" for AI agents. The project has no pre-sale, no venture capital participation, and adopts a 100% fair launch model.