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The AI ouroboros grows, but the profit margins shrink.
NSFW AI bros doing their thing.
Tap for spoiler
Recently Amazon invested $5B in Anthropic tied to a commitment for Anthropic to spend $100B in AWS infrastructure over a decade. So for $5B, Amazon now has $100B of business in the books. These circular investments is just the printing of imaginary money.
How does this make sense?
