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by Matl 7 days ago
Yes, it's like selling a share to a group of mates who hear from their mates that AI is hot so they want in. Still does nothing for the profit not being there to pay those investors back in any other way than via new investors (ie pension funds).
1 comments

There should be a word for paying investors with money from other investors
Seems structurally sound, kind of like a pyramid.
Depends a lot on which end is pointing down.
Also, which way down is.
A reverse funnel