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Gabriele Svelto
@gabrielesvelto@mas.to  ·  activity timestamp 4 weeks ago

This isn't a pyramid scheme, it's not even a pump-and-dump one. God only knows what it is. Describing the scam that is the AI bubble needs brand new words because nobody ever did something so outrageous in the past.

https://finance.yahoo.com/news/very-troubling-ais-self-investment-spree-sets-off-bubble-alarms-on-wall-street-160524518.html

Matt Hayes
@mattjhayes@techhub.social replied  ·  activity timestamp 4 weeks ago

@gabrielesvelto
I love how on the #HardFork podcast they referred to these financial shenanigans as the #Circularity

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