The Enshittifinancial Crisis: AI's Hype Machine and the Looming Tech Finance Collapse
Silicon Valley's AI frenzy masks a financial house of cards built on unprofitable models, ballooning debts, and stock manipulations that prioritize growth over reality. As hyperscalers and startups burn billions on GPU infrastructure with no clear path to profitability, this analysis exposes the interconnected vulnerabilities—from venture capital droughts to data center defaults—that threaten a bust worse than the dot-com era. The implications for developers and engineers are stark: a potential reset of the industry's growth-at-all-costs ethos, forcing a return to sustainable innovation.