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

Tech CNBC By CNBC 07 Oct 2026 00:49 1 min read
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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