Tech Billionaires Know the AI Bubble Will Burst (They're Already Building Bunkers)
Description
The biggest tech companies are faking AI profits through circular deals, investing in each other then using that same investment money to buy products from one another. They’re recycling the same money but each time a deal is made their stock price soars. The bubble gets bigger with each new investment and despite clear signs it's reaching critical mass they're accelerating instead of slowing down. AI bubble is 17x bigger than the dot com bubble: https://www.marketwatch.com/story/the-ai-bubble-is-17-times-the-size-of-the-dot-com-frenzy-this-analyst-argues-046e7c5c Complete source documentation is available on Patreon To support the channel: https://patreon.com/VanessaWingardh Chapters: 00:00 Intro 00:37 AI Circular Deals 01:06 Microsoft Investment OpenAI 01:29 They’re Passing the Same Money Around 01:55 OpenAI Commits to Pay Oracle 02:52 NVIDA, AMD, and OpenAI Deals 03:49 Sam Altman: Expect More Deals 04:11 Broadcom and OpenAI Announce New Deal 04:22 OpenAI Commitments to Pay $1.3 Trillion 04:44 OpenAI Partnership with Walmart 05:08 Magnificent Seven Hold 34% of SP500 05:48 SP500 Hasn’t Grown in 2 Years 05:56 A Financial Crisis for Each Decade 07:48 AI Bubble is Bigger: Every Industry is Invested 08:59 We Will Still Have AI After the Bubble 09:30 Investors Throwing Money at Anything with AI 09:57 MIT 95% of AI Projects Failing 10:14 We Know Who Pays When Bubble Bursts 10:34 Billionaires Are Building Bunkers 12:44 They’re Creating the Hunger Games
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