The Teaser Period: Why The AI Boom Is Hitting A Reset Wall Having laid out, in July, the structural diagnosis that most of the market still refuses to confront: the AI boom is not a technology cycle. It is a credit-driven real-estate-like cycle whose financing architecture depends on the second derivative; the appropriately-named 'Groundbreaker' website has just dropped his next insightful note on what may be the trigger for the market to wake up to the ugly reality beneath the ...