Nvidia Is Backstopping AI Boom as 'Buyer of Last Resort,' Prominent Economist Tells 'Prof G'
Tyler Cowen says Nvidia is acting as a buyer of last resort for AI, arguing the sector’s financing web may strengthen the boom.
A famous economist thinks Nvidia is helping keep the AI boom going strong by buying things others won't, kind of like a safety net. This suggests the AI market might stay healthy because big companies like Nvidia keep supporting it.
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