Sure 11% is excessive, but I can’t see it drop like a rock any time soon.
How about when the AI pyrite rush stops? That’ll mean a hell of a lot of shovels no longer being sold. That combined with wall street expectations of never-ending growth will mean a dramatic drop when revenue is a fraction of what it was just a quarter or so ago. You’ve already pointed out that AI isn’t turning out to be a great source of profit, so it’s clearly not sustainable. All other avenues of business you mention pale in comparison to the business that AI hype brought in.
How about when the AI pyrite rush stops? That’ll mean a hell of a lot of shovels no longer being sold. That combined with wall street expectations of never-ending growth will mean a dramatic drop when revenue is a fraction of what it was just a quarter or so ago. You’ve already pointed out that AI isn’t turning out to be a great source of profit, so it’s clearly not sustainable. All other avenues of business you mention pale in comparison to the business that AI hype brought in.