Comment on The Algorithm That Detected a $610 Billion Fraud: How Machine Intelligence Exposed the AI Industry’s Circular Financing Scheme

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phutatorius@lemmy.zip ⁨21⁩ ⁨hours⁩ ago

That’s not how the stock market works, you buy stock from other investors, not the company.

The company can issue more stock, not just use debt for its financing. And the value of the new stock is strongly influenced by the market price of the stock that has already been issued.

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