A critical look at the financial sustainability of the AI boom, arguing the bubble may be worse than commonly understood. Key concerns include OpenAI needing 85x revenue growth in 5 years to cover infrastructure commitments approaching $1 trillion, circular revenue flows where 40-60% of AI cloud spending comes from tech companies buying from each other, and the possibility that governments may be pressured to bail out AI infrastructure projects if revenues fall short. The piece draws comparisons to the dot-com bubble and the 2008 financial crisis, while noting differences such as today's tech giants generating real profits. The Stargate project and massive data center buildouts are cited as examples of potentially unsustainable capital expenditure.