Circular financing is an issue if the wealth accumulation stays in the chip -> model provider ecosystem. However it seems like the labs are making quite a lot of revenue from the chips (customers).
The chips are being hyped as futures investments. I.e. https://www.silicondata.com/blog/gpu-futures
It seems like investing in tulip bulb futures to me.
The chips are being hyped as futures investments. I.e. https://www.silicondata.com/blog/gpu-futures
It seems like investing in tulip bulb futures to me.