00:00The AI boom is exploding, and big tech is about to pour a mind-blowing $650 billion into it this
00:05year. That's almost double what they spent just two years ago. Bridgewater says the world's
00:11biggest tech giants are racing to build AI infrastructure faster than ever. Because
00:15compute demand is skyrocketing. And no one wants to fall behind. But here's the twist.
00:21This massive spending surge is pushing the AI industry into what experts call a more dangerous
00:26phase. Companies are cutting share buybacks. They're relying more on outside capital. And
00:32they're betting everything on AI breakthroughs that haven't happened yet. If anything goes
00:36wrong, the risks could hit hard. From software companies, to data providers, and even the
00:42stock market. Some analysts warn that AI leaders now can't meet investor expectations without
00:48creating big risks for other sectors. And this wave of spending is even reshaping the U.S.
00:53economy. Boosting GDP growth. But also raising inflation in tech equipment and even electricity.
01:00Is this the next great tech revolution? Or the setup for another dot-com-style correction?
01:05For now, the only thing rising faster than AI is the cost to keep it running.
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