Ponzi Scheme vs. Pyramid Scheme: What's the Difference?

Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

Are we in an AI bubble? Ponzi schemes and financial bubbles: lessons from history

Technology bubbles have often concealed major frauds. From the railway boom to the Madoff affair, are there warning signs at the heart of the current AI frenzy?
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