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

Odaily Planet Daily News: Arthur Hayes posted on the X platform that someone asked him why he is launching an AI/crypto project while believing AI is a bubble that is about to burst. He stated that the bubble exists in the debt used to build data centers, as well as in the stocks of unprofitable hyperscale cloud service providers and frontier labs. 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 presale, no venture capital participation, and adopts a 100% fair launch model.