The AI boom is feeding on itself. Chipmakers, cloud giants, and model makers are increasingly tangled in a web of investments — each funding the other’s growth. Isn’t this what happened in the dot-com bubble?

We ask what happens when suppliers start financing their own customers — lending them money to buy their products.

And in today’s Dumb Question of the Week: Are bubbles always bad?

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Copyright 2023 Many Happy Returns

Closed-Circuit Capitalism: Inside AI’s Trillion-Dollar Money Loop

Many Happy Returns

Closed-Circuit Capitalism: Inside AI’s Trillion-Dollar Money Loop