Nvidia is the central bank of AI

	Nvidia is the central bank of AI(economist.com)
	510 points by tolugenius 21 hours ago \| 358 comments
	tl;dr: Summary not available
	HN Discussion: ↑Nvidia's investments exceed Fed easing, reinforcing the central bank analogy ↑Corporations increasingly resemble public institutions, warranting new governance frameworks ~AI hype is cracking as labs seek slowdowns to hide diminishing returns ↑Nvidia is panicking with vendor financing as hyperscalers build rival chips ~Nvidia is really the central bank of data center capex, not AI itself