[jnmandal]

> Just because we invest these ressources in AI does not mean we could mobilize the same capital for other pursuits.

No offense but you sound naive here. This is exactly how dry powder manifests in PE/VC and is even predictable under cash rich corporate regines via M&A.

Trends like this are ripe for acceleration under favorable environmental conditions like high interest rates. Not to mention, a lot of it develops out of peer pressure.

Sometimes when your job is to deploy capital, you just deploy it. Of course you try to put it in the best possible places. But when those are few, well yeah... This happens.