• melfie@lemy.lol
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    11 hours ago

    Nvidia announced that it would invest $100 billion into OpenAI, OpenAI announced that it would pay $300 billion to Oracle for computing power, and Oracle announced it would buy $40 billion worth of chips from Nvidia.

    I can’t help but feel like we both just ate shit for nothing." “That’s not true”, responded the second economist. “We increased the GDP by $200!”

    Except the way it actually works is Larry, Jensen, and Sam keep the money while the rest of us eat shit.