790
The Ouroboros
(lemmy.ml)
They’ve added $300 billion to the GDP
Repeat as many times as you want.
Infinite GDP glitch
IFIWEREARICHMAN
~~TRADITION~~ INNOVATION!
rosebud; rosebud; rosebud; rosebud; rosebud;
!;!;!;!;!;!;!;!;!;!;!;
I feel old for getting this reference.
Which is exactly why GDP is so stupid as a metric of economic health, and precisely why it's the primary indicator of economic health used by our government.
Because it's bullshit they can point at and talk about how great things are while the real economy is breaking down around us.
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They've also (hopefully) paid their due taxes on that.
Define "due taxes"? It's all a net loss bc "we" paid so much in nontaxable stock options to our senior leadership so they could borrow more money and buy a 2nd plane to get from their private island to their new boat.
Starting with US taxpayer money. #scam #americanEducationIsNumberOne
This shit is gonna crash so hard our grandchildren will learn about it in school.
i'm doing my part to accelerate this collapse, by taking whatever liquidity i can out of the system for myself. have extracted my yearly salary in just the last 2 month alone, just by buying calls and puts (practically zero risk, i don't dare short stuff when everything is so massively overpriced)
soonwe i am 100% financially independent the sooner i can dedicate 100% of my time to undermining this abomination we have created in the states
my plan is to spam the overloving shit out of affordable, high quality, high density housing anywhere and everywhere i can (forcefully urbanizing this country, and undermining all rent-seeking parasites)
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Two economists are walking in a forest when they come across a pile of bear shit.
The first economist says to the other “I’ll pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit.
They continue walking until they come across a second pile of shit. The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit.
Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. 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 of the forest by $200!"
I feel like this is basically what happens to half of the GDP generated by the US healthcare system. There's a shit ton of complex rules around payment, so insurances companies and providers basically jerk around with a shit ton of money while everyone gets fucked.
The ancient craft of making bubbles.
That's half of the economy right now. Trillion dollar companies trading bundles of cash between one another.
Wheres that scene from rick and morty with the aliens shoving linkler into each other
meme of guy pointing at a butterfly
Is this the time velocity of money?
Isn't cycling around kind of what money does though, just generally with a lot more links in the chain?
yeah it's called "velocity of money" in economics terms. the US currently expects each dollar bill to change hands around 110 times a year.
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The peers are supposed to move different things around, not sell the products in one direction and send the money back to play again.
It should be, but presently it accumulates in the assets/accounts of the 10 worst people you can imagine instead
Dijkstra will settle this
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How do I insert myself in this triangle?
Wow! A magic socket that multiplies 0V to 5x110V (you're using Volts over there, are you?). Genius! And it's using AI!
I've already sold a thousand of them and I haven't even made a Kickstarter account yet.
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Stock Buybacks v3.0
Ouroboros
Ace Combat 3 mentioned! (send help)
Insane plot, Open AI is actually creating Nemo.
trickle down economics
Not quite. It lacks the point where it steals from the ground what will trickle down then.
Checkmate, libtards.
What is Oracle's involvement in this?
And why does Nvidia pay back money to OpenAI?
To answer the first question myself:
Oracle is setting up infrastructure for OpenAI, notably via Stargate partnership.
To answer the second. Nvidia today announced the $100,000,000,000 investment in OpenAI. On the face of it because AI is coming and this will secure them a larger chunk of the pie.
In reality, it's probably a grift so OpenAI can go to other investors and say "look, we're getting so much money, get on board or miss out" and then buy even more Nvidia product with even more investor money to keep the circle going.
I see. Thanks.
Where’s TikTok in that infinite loop of hell?
The circularity isn't equal. OpenAI has promised $300B to Oracle (it doesn't have) in fees/sales of Oracle services. Oracle is buying $100B from Nvidia fees/sales. Nvidia is investing $100B in OpenAI conditionally, but supposedly for OpenAI to pay for separate datacenter GPUs.
So Oracle stock pumped by $300B in value. it will never get the revenue, and the profit could be 0 even if it did. The weak link in the "circle" is definitely OpenAI. ChatGPT is not the best model. Very poor at coding, with MSFT switching to Anthropic. Megacorps cooperating with US military with datacenter approach is a bad idea, and local secure LLM at 10 tokens/second has better value than the mega models. Mega model datacenters are about Skynet as a goal.
OpenAI is giving money to companies?
Not give, but signed a $300 billion deal to purchase cloud compute power from them, which will be filled with Nvidia cards.
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this post was submitted on 24 Sep 2025
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