The Tokenpocalypse:Companies Are Scrambling to Stop Spending So Much on AI
404media.coIf true, then an awful lot of future P/E ratio is fictional and about to evaporate.
All *future* P/E projections are fictional and subject to evaporation.
But I get your point. A lot of "projected" earnings may never be realized. This is a real problem for those who have bought into the fantasy.