Read Ed Zitron’s work on the financing of the AI industry. Houses weren’t junk but the financing was. AI will go the same way and maybe soon.
AI investment literally needs more money than there is available in all of private equity and venture capital. Nvidia is selling GPUs to companies that then leverage those GPUs into debt to buy more GPUs, backed by Nvidia.
It’s a house of cards that will inevitably collapse. The question is what’s left on the other side and who picks up the bill.
Thadd Selden
npub1vp…yeqzp
2025-10-02 14:04:24 UTC
in reply to nevent1q…l3hv
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npub1vpgywhv3ja8w855jzwcf4c37rzv7vmhpgx99r2ahszccqgw7cpqqqyeqzpSeen on
wss://relay.momostr.pinkPublished at
2025-10-02 14:04:24 UTCEvent JSON
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