https://www.live-feeds.com/feed/trillions-are-being-wasted-on-the-ai-boom-arthur-hayes-says-he-s-betting-on-what-comes-nextContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/trillions-are-being-wasted-on-the-ai-boom-arthur-hayes-says-he-s-betting-on-what-comes-nexthttps://www.live-feeds.com/feed/trillions-are-being-wasted-on-the-ai-boom-arthur-hayes-says-he-s-betting-on-what-comes-next#u112207Fri, 09 Oct 2026 13:35:57 +0000Former BitMEX CEO Arthur Hayes warns that multi-trillion-dollar investments in the artificial intelligence sector are being wasted on overbuilt data-center capacity. According to Hayes, the massive overexpansion will likely trigger an infrastructure market crash followed by a government bailout around late 2027 or 2028. He argues that the resulting flood of liquidity will flow into the broader cryptocurrency market, driving Bitcoin toward a $1 million price target. Hayes also noted that exchange-traded funds are growing while Michael Saylor's market influence fades.Why it mattersThe techn