Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals.
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Multi billion dollar game of "hot potato" or musical chairs.
Who is holding the debt when the music stops and they can't pass it on?
@pseudonym @nixCraft Big banks will get bailed out (too big to fail), while all of us with our retirement in 401k/small investments will get shafted per usual.
Lather, rinse, repeat.
America!
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R relay@relay.publicsquare.global shared this topic
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft “If”?
More like *when* it snaps. -
Multi billion dollar game of "hot potato" or musical chairs.
Who is holding the debt when the music stops and they can't pass it on?
@pseudonym @nixCraft oh don't worry, it's gonna be the CEOs and people who cooked it all up, I'm sure. No way that the general public is going to bail them out.
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft oh, no worries, 2026 also has its own version of subprime loans, they're just called private credit now, but it's the same thing.
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it is going to snap one way or other. that is all i'm saying.
@nixCraft they can only give away free hardware for so long
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft
I call it the circlejerk economy -
Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft what's gonna snap tho? The difference is that most AI spend right now comes from piles of cash big tech has, not debt.
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft * when
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft Sometimes called “cheque kiting”. Write a cheque on Bank A, payable to your business. Deposit in Bank B. Next day, before the cheque has cleared inter-bank processing, write a cheque on Bank B for a like amount, deposit it in Bank C. Repeat with a cheque from Bank C to Bank A. Make the shuffle longer, you may be able to withdraw cash or pay third parties with funds that don’t exist. When a Bank finally catches on, apologize and say you will look into it.
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft love to read more about that 600 billion number you shared!
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft
It's all explained quite simply here: -
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft this is now widely known for at least three months now? Where is the crash? There will be no crash until enough of "normal" peoples money is invested in it. If one man, fElon can keep the Tesla scam going for now over a decade, bunch of blue chip companies - it is not just two mentioned playing this game, along with vcs - will easily keep this charade until they want it to end.
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
As long as we don't bail them out with tax dollars...we aren't going to bail them out....right?
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft not if, when.
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft "Expecting to grow to infinity, is like building a boat designed to sink."
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Just like 2008 had "Subprime Mortgages (or "Dot Com" crash) that nobody understood, 2026 has "Circular AI Revenue" deals. Ex: Microsoft gives money to OpenAI, who gives it back to Microsoft for Azure credits, which Microsoft then reports as "AI Growth".
Microsoft and Nvidia fund AI startups that buy their own tech back to report "growth." With $600b burning in data centers in 2026 alone but no real revenue to back it up.
If that loop snaps, the "fuck up" will be massive.
@nixCraft The excrements are steadily progressing toward the propeller.
Urban Dictionary: shit hits the fan
shit hits the fan: The point at which "the shit hits the fan" is the point at which an already unstable situation devolves into utter chaos, often in...
Urban Dictionary (www.urbandictionary.com)
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