@GhostOnTheHalfShell @economics_that_works

Give it a year or so..

The companies that avoid #AI dependency will come out on top, the companies that are gullible and greedy enough to fall for the #AIhype will go bust.

#aibubble #AISnakeOIL #AI #Nvidia #aicirculartrading

https://fortune.com/article/why-do-thousands-of-ceos-believe-ai-not-having-impact-productivity-employment-study/

Thousands of CEOs admit AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago

“You can see the computer age everywhere but in the productivity statistics," economist and Nobel laureate Robert Solow said in 1987.

Fortune
CoreWeave CEO Michael Intrator has dismissed 'AI circular trading' criticisms, stressing the importance of industry collaboration as the company's stock faces volatility following its IPO and convertible bond announcement.
#YonhapInfomax #CoreWeave #AICircularTrading #MichaelIntrator #SharePrice #ConvertibleBondIssuance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94873
CoreWeave CEO Rebuts 'AI Circular Trading' Allegations—'Industry Players Must Collaborate'

CoreWeave CEO Michael Intrator has dismissed 'AI circular trading' criticisms, stressing the importance of industry collaboration as the company's stock faces volatility following its IPO and convertible bond announcement.

Yonhap Infomax
Michael Burry, famed for "The Big Short," sharply criticized Nvidia and AI firms, questioning chip lifespans, circular trading, and the real impact of share buybacks following Nvidia's earnings release.
#YonhapInfomax #MichaelBurry #Nvidia #AICircularTrading #ShareBuybacks #EarningsAnnouncement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91938
'Big Short' Burry Slams Nvidia on Its Big Day—'It's Just Smoke and Mirrors' - Yonhap Infomax

Michael Burry, famed for "The Big Short," sharply criticized Nvidia and AI firms, question

Yonhap Infomax