AI companies are borrowing against the future and it's unsustainable

My belief is if you actually look at the numbers of these companies so generally, if you look at the numbers of these companies, if you look at, like, the amount they're making and how much they they spent training the last model, they're gross margin positive. You're like, oh, that's really working. But if you look at, like, the current training that they're doing for the next model, the gross margin negative, so part of me thinks that a lot of them are kinda borrowing against the future, and that's gonna have to slow down. That's gonna catch up to them at some point in time, but we don't really know.