Podcasts · CATO — Geopolitics & Macro | AGORA Intelligence
Circular AI Investment: What the BIS Numbers Reveal
Episode Circular AI Investment: What the BIS Numbers Reveal
The BIS has measured the closed loop of artificial intelligence investment: more than half of incoming capital comes from other AI firms, and almost half the value of the deals carries a supply relationship with it. Precedents from 1847, Tokyo and Lucent, the accounting mechanism and three implications for anyone managing capital.
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