Nvidia invests $100bn in OpenAI, who buy $100bn of Nvidia chips, who invest the $100bn revenue in OpenAI, who buy $100bn in Nvidia chips, and round it goes. That's an easy $600bn increase in tech industry revenue right there.
GDP measures exchange of money with the assumption that this is a proxy for actual economic output... except cases like this where monetary exchanges like this which accomplish nothing.
Has it occurred to you, especially since one of the economists in the joke admits they feel they ate shit for nothing, that they actually do not feel the exercise was worth it? Have you never spent money on something, thinking it would be worth it, then afterwards realised it was a waste of money? Have you also never taken a job and then realised “I didn’t charge enough for the trouble”?
I’m reminded of a bit of news I heard a while back, where one teenager challenged a friend to eat rat shit they found on the street. The eater died shortly after, because the poop contained rat poison. I doubt any of them found it worth it.
If instead it was just one person and they went to a movie theater. If you ignore the entertainment value it may just look like the person through away the admission cost.
I wouldn't be surprised if they're banking long-term on its failure and got in early so they had equity preference.
https://www.teenvogue.com/story/rfk-wellness-farms-us-disabi...