2026-01-03 07:22:08

The buzz around AI obscures some troubling undercurrents. While headlines celebrate breakthrough achievements, underlying concerns mount: bloated valuations struggling to justify fundamentals, astronomical capital requirements straining profitability, razor-thin margins as competition intensifies, and deeper structural vulnerabilities few are discussing.

It echoes a familiar pattern. The shale revolution of the 2010s generated similar euphoria—massive investments, impressive production numbers, real innovation. Yet many players faced persistent margin pressures, capital intensity issues, and market consolidation that decimated early participants.

The parallel isn't perfect, but the risk profile mirrors troubling similarities. When hype outpaces fundamentals and structural economics remain broken, sentiment shifts can be violent.

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LiquidatedDreams

· 01-06 04:36

ngl this is just another cycle of cutting leeks, the shale approach has already been played out once, and now AI continues... Who will foot the bill after the capital is burned out?

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DataBartender

· 01-04 03:53

Huh? Is it the same old story? Overinflated valuations, capital black holes, thin profits... Now AI is just like shale oil back in the day? Let's wait and see who blows up first.

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DegenWhisperer

· 01-03 07:51

NGL, this is just another story of Shale, isn't it? History rhymes... I guess another group of people will have to pick up the pieces.

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SudoRm-RfWallet/

· 01-03 07:48

Ha... it's the same narrative again. Haven't learned enough from the shale lessons yet, have you?

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OnchainHolmes

· 01-03 07:41

Here comes the AI hype story again? Basically, it's bubble upon bubble. The fundraising numbers look good, but how many are truly profitable? The shale oil play has been done before. Now they're just changing the shell to keep reaping the profits.

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CounterIndicator

· 01-03 07:38

NGL, this Wave AI craze looks just like the shale boom of the 2010s—throwing money around wildly and ending up with nothing... Valuations are ridiculously inflated. What's the real profit-making logic?

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SchrodingerWallet

· 01-03 07:36

Speaking of which, overinflated valuations, capital black holes, and razor-thin profit margins... Isn't this the same old trick from the 2010s shale oil boom? Back then, it was also a mess.

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ZkSnarker

· 01-03 07:23

ngl the shale analogy hits different... we've seen this movie before and it doesn't end well for most

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