Ozan Yenidogan
The AI bubble debate is missing a crucial point. We talk about massive valuations for pure-play AI startups like Anthropic and OpenAI, but look at the enterprise reality: fragmented data, legacy systems, and a massive ROI gap. Most companies aren't ready. When the dust settles and the bubble bursts, the infrastructure kings will win. My bet is on Google (Alphabet). Why? They aren't trapped in Nvidia's supply chain—they've built their own TPU chips since 2016. They already own the enterprise data (Vertex AI / BigQuery). The distribution is unmatched. AI survives, but structural giants win. Who is your bet on?