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Big Tech's AI boom echoes the 1870s railroad expansion, and Nvidia shifting risk to institutional capital may expose investors if revenues fail to materialize (Ben Thompson/Stratechery)

Techmeme
Big Tech's AI boom echoes the 1870s railroad expansion, and Nvidia shifting risk to institutional capital may expose investors if revenues fail to materialize (Ben Thompson/Stratechery)
By Ben Thompson / Stratechery. View the full context on Techmeme.

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