A good overview on the circulation of vast amounts of capital within the AI world.  From Marcus on AI.

Circular financing ain’t what it used to be

Saw this on Kareem Abdul Jabbar’s SubStack.  A quote from Bob Dylan from 1993.  Are we there yet?

“Technology to wipe out truth is now available. Not everybody can afford it but it’s available. When the cost comes down, look out!”
― Bob Dylan