The AI Infrastructure Frenzy – Letting Wall Street "not rest even if it's fake" by financing technology that is unknown five years from now for a term of 20-30 years

According to industry tracking agency Project Finance News, the market is expected to reach a financing scale of $60 billion this year, which is double that of 2024. Industry executives warn that AI investments face pain: OpenAI's Altman believes it resembles the dot-com bubble, and MIT research shows that 95% of corporate AI projects yield zero returns. Analysts point out that the key risk lies in providing 20-30 years of financing for technologies whose forms are uncertain five years from now, lacking historical basis to assess future cash flows. Meanwhile, rising electricity costs and downward pressure on AI prices exacerbate market concerns