I appreciate the disclosures about Gemeni and Nano Banana, but does that start to feel a little like a conflict of interest or something similar in an article discussing their competition?
kart23•13m ago
The critiques of 'circular funding' don't really make sense to me. If you invest 20 billion and you get back 20 billion, your profit is the same. Sure your revenues look higher but investors have access to all that information and should be taking that into account, just like all the other financial data.
Michael Burry is betting against AI growth translating into real profits as a whole, not the circular funding.
belter•12m ago
>> If you invest 20 billion and you get back 20 billion
Its about keeping Wall Street bubble momentum, not financials.
kart23•6m ago
Isn't that the entire stock market for the last 20 years?
myhf•9m ago
It's certainly a problem when circular investment structures are used to get around legal limits on the amount of leverage or fractional reserve, or to dodge taxes from bringing offshore funds onshore.
biggoodwolf•8m ago
if you invest 20 and get 20 then you got 0% profit
strangescript•7m ago
Its so wild to me that people that should know better pretend that this kind of stuff doesn't happen in every industry.
givemeethekeys•6m ago
Isn't news of Bury or Pelosi, or anyone else's investments usually 3 months old?
Morizero•28m ago