this post was submitted on 03 Oct 2025
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Fuck AI

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The AI bubble is 17 times the size of the dot-com frenzy — and four times the subprime bubble, analyst says (www.marketwatch.com)
submitted 3 weeks ago by sirboozebum@lemmy.world to c/fuck_ai@lemmy.world
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[–] ThirdConsul@lemmy.ml 3 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

The AI stuff is paid for in cash

Nvidia is financing OpenAi using the loans against the stock value though?

Then Open Ai uses that money to pay Nvidia, which inflates their stock value.

Does not seem like cash to me.

[–] GrindingGears@lemmy.ca 1 points 3 weeks ago

It's funny money. The story is always generally the same when it comes to this stuff. You sell to me at a higher value, I turn around and sell it back to you at a higher value, you turn around and sell it back to me at a higher value and so on. All those "gains" get "invested" into something else, and then I sell that at a higher value and you.....