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 threadDie Mad 🇨🇦Feb 26
@nixCraft Sometimes called “cheque kiting”. Write a cheque on Bank A, payable to your business. Deposit in Bank B. Next day, before the cheque has cleared inter-bank processing, write a cheque on Bank B for a like amount, deposit it in Bank C. Repeat with a cheque from Bank C to Bank A. Make the shuffle longer, you may be able to withdraw cash or pay third parties with funds that don’t exist. When a Bank finally catches on, apologize and say you will look into it.
Show threaddiana 🏳️‍⚧️🦋🌱

@bjornqc @nixCraft

Only billionaires are legally allowed the financial instruments of cheque kiting

Feb 26 at 2:46pmWeb