I don't think it's the conspiracy theory that you're making it out to be.
It is publicly known that the vast majority of deals in the AI space are circular in nature without the need for explicitly encoding any of it in a legal contract or even tacit agreements.
e.g. Nvidia has invested significantly in many AI companies including both Anthropic and OpenAI which rely heavily on Nvidia's hardware and will undoubtedly use some of said investment towards that end.
Nvidia and Oracle are already public companies, they're just aiming for their next quarterly statements.
SpaceX is getting dressed for their debutante ball and is putting on the makeup to make a grand entrance on the auction floor.
Is there a difference? I legitimately have no idea. You are right that we can add another entry to the list of interconnected circular dealmakings. All this ain't gonna end well next time the music stops playing.
Your argument is that since it is common in a bubble to make circular deals, there is no conspiracy. But you seem to suggest that people committing tens of billions of dollars aren’t looking any further down the pipeline than the name on the receiving bank account? Have you ever been anywhere near a large deal?
That's a lot to imply from my simple comment. My viewpoint is actually the exact opposite of what you claim: it all feels like a house of cards that is set to collapse at any moment. I can also tell you're quite passionate about this and I wonder if that emotion is clouding your interpretation of what was meant to be an innocuous comment.
My point was that there is a lot of this happening, it is not a unique statement nor is it surprising to see at this point.
I made no attempt to dismiss or justify any of it.
> I made no attempt to dismiss or justify any of it.
> I don't think it's the conspiracy theory that you're making it out to be.
Which is it then?