If the baker sells bread to the butcher, and the butcher sells meat to the baker then they can still both go to bed with a belly full of sandwich (aka actual utility & substance).
Adding a third party to make it look more circle-y doesn't change that logic.
Round trip financing is mostly an issue if it is artificial (e.g. a circle of loans) and between affiliated parties, not when something of substance is delivered. Oracle is a business partner of nvidia but I'd wager they'll still kick up a fuss if they don't get their pallets of GB200s. They'll expect actual delivery...like you know...in a real sale.
You need something of substance exchanged, not just delivered. Nvidia hasn't gotten anything of substance from OpenAI yet.
I don't know shit about AI, but Nvidia could still give me $100b to buy their GPUs. Now I build a datacenter and Nvidia gets to claim $100b worth of sales AND a $100b stake in my datacenter. As I understand it, that's what's earning Nvidia all this side-eye.
I think the simplest way forward would be to require immediate, not delayed, disclosure of trades. If they’re doing something, let everyone see it immediately and it specific detail.
We could also implement some planned trading requirements for large purchases of individual stocks: If someone wants to trade more than $100K of something, make them announce it 7 or even 1 day in advance. They still get to buy it, but the market can front-run the investment if they believe there’s inside info at play.
That sort of approach is exactly why "Americans no longer see four-year college degrees as worth the cost" (as the title states)! People are wising up to the truth, and now it's harming the credibility of the system as a whole.
Are all colleges unaffordable? Do all colleges require engineering students to take liberal arts? Maybe this isn't universal, maybe it's just that prestigious colleges all have strong liberal arts programs, either out of tradition or because it's required for being seen as prestigious.
Liberal arts courses arguably are still helpful for building general language and reasoning skills.
On the whole though, it does seem strange that I paid the same for a graduate level stats course and a freshman history course, even though the former taught me about five times as much.
- almost every classic console is easy to emulate
- most modern consoles are, less-legally, emulatable
- we have thorough archives of Flash games and ofc almost all non-flash web games are still functioning
- cross compatibility across OS's has never been better
And, best of all, almost all of this is achievable on Linux! You can also plug in almost any controller, VR headset, or monitor/projector. Remote gaming has also made incredible progress allowing gamers to access their expansive libraries while not even at home.
In fact, I can't think of a single thing a console can do that a PC can't
Person lacks reliable transportation -> give them some -> problem solved
There's another example - a charity provides treated mosquito nets for free to millions of families in Africa. Great!
People lack reliable mosquito protection -> give them treated nets -> problem solved!
But in reality it went like this:
People lack reliable mosquito protection -> give them treated nets -> many of these families are starving -> fine mesh nets are great at catching small fish -> all their food is now infected with insecticide, mosquitos continue to access the family as well
Certainly improving public health in developing countries is a hard problem! But it's not impossible and existing efforts have had an effect.