<p>➀ Business leaders like Goldman Sachs CEO David Solomon and Amazon founder Jeff Bezos debated whether the AI investment boom is a bubble, with Solomon cautioning potential unrealized returns and Bezos acknowledging short-term risks but emphasizing long-term societal benefits.</p><p>➁ Hyperscaler AI capital expenditures are projected to reach $490 billion by 2026 and $684 billion by 2029, while AI companies have accumulated $268 billion in debt over 2024-2025, raising concerns about financial over-engineering akin to historical bubbles like the 2007 subprime crisis.</p><p>➂ Nvidia’s $4.6 trillion market cap and circular financing practices (e.g., investing in firms that buy its chips) highlight structural risks, though Bezos argued that despite potential turbulence, AI-driven innovations will ultimately deliver transformative societal gains.</p>