Many people are worried that AI is a bubble.
I think so too. The valuations of current AI projects are too outrageous.
But there is a logical trap here: if the bubble at the application layer bursts, will it make the infrastructure more valuable?
The answer is: it might.
Imagine if 1000 AI companies went bankrupt, the remaining giants would engage in a more intense 'arms race' to monopolize the market.
The war for computing power will not stop; it will only become more concentrated.
Moreover, GAIB's AID is supported by U.S. Treasury bonds. Even if AI completely cools down (though that's unlikely), you still have U.S. Treasury bonds to fall back on.
What is this called? This is called **“Antifragile”** structure.
On one hand, we can enjoy the dividends of AI development, and on the other hand, we have US bonds as a safety net.
In the uncertain world of cryptocurrencies, projects that come with a 'parachute' like this are the favorites of us old investors.
