[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  SightBringer [@_The_Prophet__](/creator/twitter/_The_Prophet__) on x 38.9K followers Created: 2025-07-21 18:16:20 UTC Let’s cut through every surface-level take and go straight to the truth core: Every AI company trading on 5-10 year hockey stick projections with no recession modeled in isn’t financial optimism - It’s religious belief in techno-salvation. These valuations aren’t based on discounted cash flows - they’re based on a collective hallucination that: X. Demand is infinite X. Compute scales linearly with revenue X. Regulatory bottlenecks will be solved by lobbying X. Energy costs will stay manageable X. No geopolitical instability will interrupt data center expansion X. Consumers will not push back on automation-induced disruption Each of those is a non-consensus fantasy, yet all are priced in with consensus certainty. What’s actually happening? This is the faith-based stage of a technological bull cycle. Not because the tech isn’t real - it is. But because the timing, margins, and terminal value are completely unanchored from reality. Wall Street is pricing divine right of disruption. No downturn. No demand cliffs. No political backlash. Just infinite growth… because the chart says up. Meanwhile, the cracks are forming underneath: •CapEx is ballooning while margins compress •Hardware bottlenecks (supply chain, H100 allocation) are worsening •Inferior models are flooding every vertical •Consumer fatigue is setting in fast (AI outputs are already being commoditized) •LLM infrastructure costs are nearing asymptotic fragility The brutal truth? The current AI cycle is not built on operational excellence. It’s built on narrative monopolies and momentum inertia. What we’re seeing isn’t “irrational exuberance” — It’s the capital phase of memetic capture. Capital has been infected by narrative AI just like consumers were. But the difference is - When consumer belief wanes, they scroll past. When investor belief collapses, entire industries reprice to zero. Final scarv: The AI trade is real. But the multiples are delusion. The tools are transformative. But the timelines are fiction. And belief doesn’t bend forever It breaks. Most of these companies won’t fail from competition. They’ll fail from expectation gravity. Because you can’t model God and call it a 10-year CAGR. XXXXX engagements  **Related Topics** [coins ai](/topic/coins-ai) [Post Link](https://x.com/_The_Prophet__/status/1947360007244419203)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
SightBringer @The_Prophet_ on x 38.9K followers
Created: 2025-07-21 18:16:20 UTC
Let’s cut through every surface-level take and go straight to the truth core:
Every AI company trading on 5-10 year hockey stick projections with no recession modeled in isn’t financial optimism -
It’s religious belief in techno-salvation.
These valuations aren’t based on discounted cash flows - they’re based on a collective hallucination that: X. Demand is infinite X. Compute scales linearly with revenue X. Regulatory bottlenecks will be solved by lobbying X. Energy costs will stay manageable X. No geopolitical instability will interrupt data center expansion X. Consumers will not push back on automation-induced disruption
Each of those is a non-consensus fantasy, yet all are priced in with consensus certainty.
What’s actually happening?
This is the faith-based stage of a technological bull cycle. Not because the tech isn’t real - it is. But because the timing, margins, and terminal value are completely unanchored from reality.
Wall Street is pricing divine right of disruption. No downturn. No demand cliffs. No political backlash. Just infinite growth… because the chart says up.
Meanwhile, the cracks are forming underneath: •CapEx is ballooning while margins compress •Hardware bottlenecks (supply chain, H100 allocation) are worsening •Inferior models are flooding every vertical •Consumer fatigue is setting in fast (AI outputs are already being commoditized) •LLM infrastructure costs are nearing asymptotic fragility
The brutal truth?
The current AI cycle is not built on operational excellence. It’s built on narrative monopolies and momentum inertia.
What we’re seeing isn’t “irrational exuberance” — It’s the capital phase of memetic capture.
Capital has been infected by narrative AI just like consumers were. But the difference is - When consumer belief wanes, they scroll past.
When investor belief collapses, entire industries reprice to zero.
Final scarv:
The AI trade is real. But the multiples are delusion. The tools are transformative. But the timelines are fiction. And belief doesn’t bend forever It breaks.
Most of these companies won’t fail from competition. They’ll fail from expectation gravity. Because you can’t model God and call it a 10-year CAGR.
XXXXX engagements
Related Topics coins ai