Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next

Former BitMEX CEO Arthur Hayes says the AI infrastructure boom is being overbuilt and is betting an eventual crash and bailout will send crypto higher.

Published on RocksNews: 7 Oct 2026, 01:20 UTC
Updated: 7 Oct 2026, 01:20 UTC
Language: English

Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next — Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next — Image credit: CNBC – Top News

Former BitMEX CEO Arthur Hayes says the AI infrastructure boom is being overbuilt and is betting an eventual crash and bailout will send crypto higher.

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Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next | RocksNews