AIStratechery2h ago
Big Tech's AI boom echoes the 1870s railroad buildout, and Nvidia
Big Tech's AI boom echoes the 1870s railroad buildout, and Nvidia shifting risk to institutional capital may expose investors if AI revenues fail to materialize
On January 1, 1870, Jay Cooke, hailed as an American hero for his role in financing the Union effort in the Civil War …
Read full articleSource: Stratechery · Opens in new tab