Wu Blockchain (@WuBlockchain): Arthur Hayes predicts three major factors that could pop the AI bubble (ARCHIVE FOOTAGE)

Arthur Hayes predicts three major factors that could pop the AI bubble (ARCHIVE FOOTAGE) On June 26, 2026, Arthur Hayes @CryptoHayes, co-founder of BitMEX, shared in an interview with Bonnie Blockchain three core reasons that could lead to the burst of the current AI bubble. He believes that, first, soaring oil prices triggered by geopolitical conflicts will significantly drive up compute costs in the AI sector; second, the US government's politicized bans on frontier models expose foreign paying users to extreme risks of sudden service cut-offs; finally, out of fear of such disruptions, foreign users will pivot massively to Chinese open-source models, which cost only one-tenth of the US models. This trend will directly crush the high valuation foundation of US AI companies that rely on high fees and high profit margins.