How OpenAI uses complex and circular deals to fuel its multibillion-dollar rise

I’ve been listening to “The Smartest Guys In The Room” (the definitive book on Enron and their scandal) and one of the ways Enron continued to grow and grow is by setting up a really complicated system of moving debt onto equities off of their balance sheet.

While it was sorta legal (at the time) it was not ethical and led to a massive collapse of the #1 company at the time.

Makes you wonder if AI is in such a bubble. (It is).

When the AI bubble pops, what will happen to the software engineering jobs?

There will be a bunch of layoffs and slowly they'll rehire back to pre-hysteria levels. I think the world is still going to need software engineers no matter what but companies will slow down on new features etc in an economic crunch.