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    Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next

    CNBC
    October 7, 2026
    via CNBC

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    Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next

    Former BitMEX CEO Arthur Hayes says the AI infrastructure boom is being overbuilt and is betting an eventual crash and bailout will send crypto higher.

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