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[@DazMSmith](/creator/twitter/DazMSmith)
""Is it just a Ponzi scheme That is the question that currently haunts American tech and wider markets as the valuation of artificial intelligence-linked groups soars to evermore eye-popping heights.""  
[X Link](https://x.com/DazMSmith/status/1979251858762801487) [@DazMSmith](/creator/x/DazMSmith) 2025-10-17T18:23Z 11.5K followers, XX engagements


""Indeed calculations by the FT suggests that ten lossmaking AI start-ups such as OpenAI Anthropic and Elon Musks xAI now command a collective valuation of close to $1tn while venture capital has poured $161bn into AI overall this year.""  
[X Link](https://x.com/DazMSmith/status/1979251861233262964) [@DazMSmith](/creator/x/DazMSmith) 2025-10-17T18:23Z 11.5K followers, XX engagements