Δύο άρθρα των Christian Stöcker (Der Spiegel) και Τhomas Fischermann/Heike Buchter (Die Zeit)
Two articles by Christian Stöcker (Der Spiegel) and Thomas Fischermann/Heike Buchter (Die Zeit)
[...] The
true extent of the AI investment bubble is slowly being revealed:
Companies that are not generating significant returns on their
investments are juggling hundreds of billions of dollars. According to a
report in the Financial Times, OpenAI alone has closed deals
worth a trillion dollars. A small, closed club of companies, including
Nvidia, CoreWeave, Microsoft, OpenAI, Anthropic, Google, Oracle and
others, are distributing the money among themselves. In specialist
circles, this is called circularity. This phenomenon was also observed
in the period before the dot-com bubble [...]
[...] In
this sense, the global AI technology industry, with its chip suppliers,
data center operators, and financiers, is also increasingly resembling
an “impossible edifice.” The industry is dominated by a handful of
companies that were once independent but are now tightly intertwined
through a web of financial transactions. Shareholdings intersect and
intersect, companies have mutual ownership. Supply and capital flows
form loops. Partners compete, rivals form corporate alliances. Each
individual deal makes sense on its own, but does anyone understand the
big picture? [...]