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From:
Economist Writing Every Day
(Uncensored)
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Circular AI Deals Reminiscent of Disastrous Dot.Com Vendor Financing of the 1990s – Economist Writing Every Day
https://economistwritingeveryday.com/2025/10/14/circular-ai-deals-reminiscent-of-disastrous-dot-com-vendor-financing-of-the-1990s/
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Hey look, I just found a way to get infinite free electric power: This sort of extension-cord-plugged-into-itself meme has shown up recently on the web to characterize a spate of circular financing…