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Reply to "Current AI bubble worse than the .com crash?"
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[quote=Anonymous][quote=Anonymous]Very eye opening and good article I read recently: https://finance.yahoo.com/news/very-troubling-ais-self-investment-spree-sets-off-bubble-alarms-on-wall-street-160524518.html What could possibly go wrong with AI companies pouring money into chip and cloud companies who then invest in AI companies who buy up their chips and services? What an innovative infinite money glitch, right?[/quote] silly valley has been using the same infinite money glitch for literally decades. VC will instruct one company in its portfolio to buy (possibly fictional) services from another holding, who will then buy something else from another portfolio company, who will buy something from or invest in the first company. magically $1 becomes $4. that's just a tuesday.[/quote]
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