• incompetent
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    3 hours ago

    with all the fake money going around in circles (assuming those diagrams are correct, which I assume they are)

    I’m not familiar with those. Do you have one handy or maybe some keywords so I can look it up?

    • dogs0n@sh.itjust.works
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      2 hours ago

      Think this one was the one going around

      Not sure what you can lookup, probably stuff like “AI investment bubble”

      This is probably a good resource (haven’t read it) https://en.wikipedia.org/wiki/AI_bubble (specifically look under Speculation > Circular Financing, soz dunno how to link to a header)

      I don’t have a source and this might be old news, but a lot of the big deals right now are just “promises” to invest I think (money, etc not exchanged hands yet)

      • incompetent
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        54 minutes ago

        I really appreciate the info. Yikes! This isn’t looking good.

        • Jhex@lemmy.world
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          8 minutes ago

          The worst part is not JUST the circular investment making up basically all the new investment in the last few months… but the fact they are all based in impossible-to-deliver metrics.

          So it is literally not a matter of “if” the bubble pops, it’s a matter of when the market speculators will no longer be able to hide it