[carefulfungi]

The problem described isn't companies buying goods and services. It's buying from an entity they partially own and then profiting as that entity becomes more valuable because of the purchase.

[dyauspitr]

It’s still very tenuous you can’t prevent companies that own 5% of other companies from buying services from the that company

[matthewdgreen]

We can prevent anything we want. If there's a major AI crash analogous to the Depression, we'll probably institute a lot of new regulations.

[carefulfungi]

If the parent comment is true, it seems the problematic aspect is the leverage created by the P/E ratio more than the percentage of ownership. What a weird situation.

[dyauspitr]

Oh yeah, these are definitely circular financial games but you have to be wary about putting in insane regulations that will break growth.