by Brian Wang from NextBigFuture.com on (#70NZH)
Kevin Pathrath an other warn of an AI Bubble and AI Ponzi with a potential 80% collapse. The core of the argument is the circular financing structure of the recent OpenAI-Oracle-Nvidia deal and the OpenAI-AMD deal. Nvidia commits up to $100B in investments ($10B per gigawatt deployed, up to 10GW), starting with the first GW ... Read more