The author misses the deeper game: if you genuinely believe AGI is imminent, then current economic metrics become meaningless. Why optimize for revenue when the entire concept of scarcity-based economics dissolves?

The $560B for those who believe in AGI isn't about ROI using today's money-in/money-out formula; it's about power positioning for a post-capitalist transition.

Every major player knows that whoever controls the infrastructure once the threshold is crossed might control what comes after.

The "bubble" narrative assumes these actors are optimizing for quarterly returns rather than civilizational leverage.