alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 1 day agoThe magical AI money tree grows more leaves as Meta and AMD sign a deal for up to $60 billion in GPUs and a 10% stake in AMDwww.pcgamer.comexternal-linkmessage-square21fedilinkarrow-up1124arrow-down11
arrow-up1123arrow-down1external-linkThe magical AI money tree grows more leaves as Meta and AMD sign a deal for up to $60 billion in GPUs and a 10% stake in AMDwww.pcgamer.comalessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 1 day agomessage-square21fedilink
minus-squareWatDabney@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up38·1 day agoIf it isn’t already and by design, this whole AI thing is going to end up being essentially a ponzi scheme.
minus-squareStinkyFingerItchyBum@lemmy.calinkfedilinkEnglisharrow-up24·edit-223 hours agoIt’s a crazy risk to have all these circular investments in each other. It sounds awfully close to round-trip/circular investment fraud.
minus-squaremeathorse@lemmy.worldlinkfedilinkEnglisharrow-up10·21 hours agoIndeed, I personally think the purpose is to tie AI so tightly and interwoven into these huge, important companies, when the bubble pops, it’ll take down the entire US tech stack… Unless the US govt bails out all of them!
If it isn’t already and by design, this whole AI thing is going to end up being essentially a ponzi scheme.
It’s a crazy risk to have all these circular investments in each other. It sounds awfully close to round-trip/circular investment fraud.
Indeed, I personally think the purpose is to tie AI so tightly and interwoven into these huge, important companies, when the bubble pops, it’ll take down the entire US tech stack… Unless the US govt bails out all of them!