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Gabriele Svelto
Gabriele Svelto
@gabrielesvelto@mas.to  ·  activity timestamp 3 months 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
Matt Hayes
@mattjhayes@techhub.social replied  ·  activity timestamp 3 months ago

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

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