Billionaire Mark Cuban warns that AI data centers are being over-expanded

July 22 news: On July 21, American billionaire Mark Cuban said when participating in the podcast program "All-InPodcast" that technology giants such as Google and Meta are investing cash flow into AI infrastructure while borrowing hundreds of billions of dollars to build a data center is equivalent to betting that future demand will continue to grow and technical routes will not change significantly. But he warned that AI efficiency may still usher in huge breakthroughs, greatly reducing computing power and power demand. Just as the optical fiber industry quickly shifted from short supply to large idle production capacity, data centers currently built at high prices may also depreciate significantly in value in the future due to overcapacity. In his view, AI demand will indeed grow, but the risk of betting on the market 10 or 20 years from now is still very high.