Originally published at: AI and Bubbles All the Way Down - TPM – Talking Points Memo
Like many others, I continue to be baffled and unnerved at how transactions that seem like definitional signs of a bubble (or possibly even fraud) are now so thoroughly baked into the very structure of the AI industry. This morning Semafor’s Liz Hoffman starts a piece with this overview: “OpenAI and Anthropic need to borrow…