nixCraft 🐧Feb 25

Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".

Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.

If that loop snaps, the "fuck up" will be massive.

#ai

Show threadPseudo NymFeb 25

@nixCraft

Multi billion dollar game of "hot potato" or musical chairs.

Who is holding the debt when the music stops and they can't pass it on?

Show threadSraars
@pseudonym @nixCraft I would just look at any other Ponzi scheme.
Feb 25 at 7:28pmWeb
Show threadPseudo NymFeb 25

@sraars @nixCraft

Not exactly.

Ponzi needs new suckers to buy out the previous generation. There is still a "holding the bag" when it stops problem.

But this one is circular. The same parties keep playing, due to the way the funds are accounted for.

Show threadNeo EhproqueFeb 25
@pseudonym @sraars @nixCraft more like a combination of game of chairs and Russian roulette. Pass the grenade?