Tech broligarchs get an overdue taste of reality

The tech broligarchs took another beating a couple of days later, with a stock wipeout that almost registered on the Richter scale. Trillions were wiped off the value of AI stocks and not just because the Democrats had clobbered the tech-friendly Republicans. The correction had been coming for months, fuelled by signs too much money had been ploughed into data centres for too little return. And then, over the weekend, it emerged that founder and boss of chip giant Nvidia was under investigation by his own company for having an affair with a Chinese spy, Alice Huang (no relation). Even…