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The money tells the story. Hundreds of billions burned on AI infrastructure with no clear path to profit. Nvidia "invests" 100bn in OpenAI, which spends it back on Nvidia chips. The same capital, counted twice, makes demand look real. 2/6
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Europe already has the instrument: the AI Act bans vulnerability-exploiting systems. The burden of proof is high, which is exactly why the work has to start now. Do we close this gate before the harm is done, or long after? Read the full piece: open.substack.com/pub/dfeher/p... #AI #TechPolicy 6/6
open.substack.comThe Dependency Business, Now on SteroidsHow the AI industry is repeating the smartphone-and-social-media script and why Europe should not wait twenty years to notice