The $500B Nvidia Deal Isn’t an AI Revolution. It’s a 2008-Style Trap.
Wall Street’s $500 billion partnership with Nvidia isn’t just an AI milestone; it’s a financial engineering play that mirrors the 2008 housing bubble. By packaging AI data centers as yield-bearing assets, banks are creating systemic risk on the unproven promise of AI productivity. If you have a 401(k), you need to understand the trap being set.