• dragontamer@lemmy.world
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    1 day ago

    From people? No.

    From AI. AI companies have seemingly infinite money (not really but investor sentiment is huge and investors are happy giving more and more money to AI). And banks are willing to lend money to AI. And there’s new financial instruments (special purpose vehicle) allowing even more money to come out of investors.

    This ends after AI runs out of money. But they are funded by the biggest tech bros with $Trillions in valuation.

    • vermaterc@lemmy.ml
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      1 day ago

      Who are investors and where is their money from?

      If it’s from investment funds, then I’ve got bad news for all of you, it is your money as well.

      • dragontamer@lemmy.world
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        20 hours ago

        Well that’s the funny part now isn’t it?

        Increasingly, the investors are other AI companies. NVidia, Microsoft, Facebook. Be it directly (ie: Microsoft buying half of OpenAI), or indirectly (Special Purpose Vehicle creates a new Data center and Facebook pays to be an owner of that and then the Datacenter pays Facebook for AI or some shit).