Post #4497354
2026-08-11 11:19 UTC
Wall Street is officially treating AI compute as its own asset class. Nvidia is partnering with BlackRock, Blackstone, & Goldman Sachs to back a massive $500B AI infrastructure push. This is another form of circular deals https://www.bbc.com/news/articles/c78gr0jv0mdo
They won't stop until everything crashes. No, I'm not talking about speculative debt/stock market stuff (yes, that's bad for people who play by the rules for their pension needs). I'm talking about existing jobs, clean water, energy, the environment 😔
Replies (2)
-
@WTL@mastodon.social 2026-08-11 11:24
@nixCraft@mastodon.social And when it does crash, taxpayers will somehow be responsible for bailing them out. 👿🤮
-
@GoatsLive@mastodon.social 2026-08-11 12:03
@nixCraft@mastodon.social AI is becoming nothing much more than a cancer.