Private money for the labs starts drying up. Bagholders get exhausted and liability starts mounting. Private credit is the main event now, and it is where the next round of stress builds too.

This is how the AI bubble bursts:

Private money for the labs starts drying up. Bagholders get exhausted and liability starts mounting.

The only route out is to IPO. But that requires exposing their financials to public scrutiny which would reveal the full extent of the cash burn.

A final option is raising prices but that means facing business reality. Revenue has to match the hype eventually.

Every path forward exposes the same truth:

A shakeout becomes inevitable.

Yes. I've been saying it for months. They can't compete with free.

LLMs can be run locally, each person can run machine learning algorithms at home on their own dedicated hardware.

Free & open source models exist, as does distributed computing.

Centralized computing… pic.twitter.com/Ok3xyPXqEo

— Vince Quill (@VinceQuill) September 27, 2026

Blackstone is the face of private equity. Its biggest business is no longer private equity.

Credit and Insurance now runs $469B, ahead of the $454B in buyouts. The world's biggest alternative manager, $BX, makes more money as a lender than as a dealmaker.

Private credit is the… pic.twitter.com/PzxmGnAeC0

— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) September 26, 2026

THIS HAS MARKED EVERY MAJOR BUYING & SELLING OPPORTUNITY SINCE 1990

Use it. It’s how generational wealth is made.

Dot-Com Crash.
Global Financial Crisis.
COVID Crash.
2022 Bear Market.
2025 Tariff Selloff.

The $VIX is Wall Street’s fear gauge.

If you trade $SPY or $QQQ,… pic.twitter.com/CGSPe5xqOz

— Justin Banks (@RealJGBanks) September 26, 2026