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cm0002@sh.itjust.works to United States | News & Politics@midwest.social · 8 days ago

Nvidia’s $100 billion OpenAI investment raises eyebrows and a key question: How much of the AI boom is just Nvidia’s cash being recycled?

finance.yahoo.com

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Nvidia’s $100 billion OpenAI investment raises eyebrows and a key question: How much of the AI boom is just Nvidia’s cash being recycled?

finance.yahoo.com

cm0002@sh.itjust.works to United States | News & Politics@midwest.social · 8 days ago
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While not a huge fraction of Nvidia's revenues, circular deals raise the spectre of past technology bubbles.
  • PhilipTheBucket@quokk.au
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    8 days ago

    As usual, Ed Zitron is about three years ahead of everybody and has a genuine factual answer to this question.

    • Infynis@midwest.social
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      5 days ago

      Great article, thanks for the link

    • emmanuel_car@fedia.io
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      8 days ago

      Wow, I’m only about 1/4 of the way through, this guy has laid out succinctly my sentiment towards AI, in a way I couldn’t put together myself. Is he A1?

      • PhilipTheBucket@quokk.au
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        7 days ago

        He is just a human who can think for himself and put together coherent writing. As in all eras of humans, such a thing is rarer than you might think (and often uncorrelated with having a prominent platform, in a particularly upsetting way.)

      • Son_of_Macha@lemmy.cafe
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        7 days ago

        By that logic why would you think someone who explains actually what you are feeling would be Ai? The point is Ai is crap.

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