Could the War in Iran Cause the AI Bubble to Burst?
The ongoing Iran war has led many AI industry watchers and investors to start getting concerned about whether this conflict could push the industry over the edge and cause what many call “the AI bubble” to burst. Several developments have led these grim predictions to seem credible to many. The first point of weakness is the huge power appetite of the AI industry. Data centers consume enormous amounts of energy, and their energy demand has led some communities to push back against the construction of these facilities in their backyard. Oil prices have skyrocketed as a result of disruptions to…
