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@nixCraft@mastodon.social

2026-09-13 12:14 UTC

For those who want to understand mess Nvidia created please read. Nvidia is the central bank of AI https://www.economist.com/interactive/briefing/2026/09/03/nvidia-is-the-central-bank-of-ai ( use pay wall free link https://archive.ph/kt50V ) The Federal Reserve has about $6.7 trillion in assets on its balance sheet and Nvidia is around worth $5.4 trillion. They are spending most of this money to finance other AI companies and those AI companies pay back Nvidia again from same money. No real revenue created. It is just circular deals.

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