Arthur Hayes: AI bubble focused on data center debt and unprofitable AI companies, still optimistic about the agentic economy

Comparing the news, Arthur Hayes posted an article on the X platform saying that some people asked why he launched an AI/encryption project when they thought AI was a bubble that would burst. He said the bubble is in debt to build data centers, as well as unprofitable hyperscale cloud service providers and cutting-edge lab stocks. The price is what you pay, the value is what you get. He believes 100% in the Agentic Economy, and the excess computing power caused by the construction of loan funds supports his judgment on Flop Labs.

Earlier, Arthur Hayes announced that he would end his retirement and lead Flop Labs. Flop Labs is “food” for AI agents. The project has no pre-sale, no venture capital agency participation, and uses a 100% fair distribution model.