AI Boom: A Circular Economy of Few

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Thursdays

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AI Boom: A Circular Economy of Few Players - The AI boom is being driven by a small group of companies financing each others expansions, creating a circular economy with massive, power-hungry infrastructure based on promises that often originate from the same small group. This has led to concerns about an AI bubble and inflated demand and valuations without creating real economic value.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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