I think most people agree, including the investors pouring billions into this.

The same investors that poured (and are still pouring) billions into crypto, and invested in sub-prime loans and valued pets.com at $300M? I don’t see any way the companies will be able to recoup the costs of their investment in “AI” datacenters (i.e. the $500B Stargate or $80B Microsoft; probably upwards of a trillion dollars globally invested in these data-centers).