this post was submitted on 13 Oct 2025
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Is the AI Conveyor Belt of Capital About to Stop? (gizmodo.com)
submitted 3 weeks ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[–] melfie@lemy.lol 36 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Nvidia announced that it would invest $100 billion into OpenAI, OpenAI announced that it would pay $300 billion to Oracle for computing power, and Oracle announced it would buy $40 billion worth of chips from Nvidia.

I can't help but feel like we both just ate shit for nothing." "That's not true", responded the second economist. "We increased the GDP by $200!"

Except the way it actually works is Larry, Jensen, and Sam keep the money while the rest of us eat shit.

[–] scarabic@lemmy.world 2 points 3 weeks ago

Is anyone going to talk about how the amounts don’t remotely match up? If you just cancel them all out, you still get Open AI buying $160 billion in Oracle compute.