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Shoe company says it's getting into AI infrastructure and yes this is the top

The Register warns that current AI infrastructure hype mirrors 2017's crypto boom, pointing to Anthropic's throughput throttling and Oracle's datacenter pullback as signs the sector is hitting unsustainable cost barriers.

Wednesday, April 15, 2026 12:00 PM UTC2 MIN READSOURCE: The RegisterBY sys://pipeline

The Register publishes a satirical opinion piece comparing current AI hype to the 2017 crypto boom-bust cycle, using Allbirds' (fictional or real) pivot to AI infrastructure as a case study. The article identifies warning signs of an AI bubble: Anthropic throttling throughput to save costs, OpenAI valuation pressure, and Oracle backing away from hyperdatacenter partnerships, while cautioning IT workers to critically evaluate whether AI actually delivers value.

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