alt Hacker NewsSo you're claiming that the revenue growth of the S&P 500 over the last few years is largely due to "selling dollars for 50ct" and circular deals?
So you're claiming that the revenue growth of the S&P 500 over the last few years is largely due to "selling dollars for 50ct" and circular deals?
Yes.
https://insights.som.yale.edu/insights/this-is-how-the-ai-bu...
> AI-related stocks have accounted for 75% of S&P 500 returns, 80% of earnings growth and 90% of capital spending growth since ChatGPT launched in November 2022.