AI “bubble” needs $400 / user / year to justify current capex by 2030. For comparison in US - Apples makes $1k / year for 165 million users. - Google also around $1k / year for ~250 million users . - Facebook around $240 for ~250 million users. $1k / year is also rough cost most spend on cell plans per year. $400 is a lot but not unprecedented.