AI has become a black hole for capital. $242B into AI startups in Q1. $2.52T total AI spend this year. Almost every other sector just got starved. The question used to be "does AI work?" Now it's "how fast can it justify a multi-trillion price tag before the trough of disillusionment hits?" Reckoning loading. Brutal for hype. Best 18 months in years for serious builders, imho.