Not quite. The point of the broken window fallacy is that had the money not been spent on the window, it would have been spent on something else. So breaking a window does generate revenue, but not necessarily more than not breaking a window

Whatever happens, the shopkeeper is in a worse position than he otherwise was

Here the point is that they’re passing the money back and forth. That’s like the AI companies right now - passing money round in a circle and that being presented as if it were the same thing as the industry as a whole making money

NVidia gives money to OpenAI, who give it to another company to build datacentres, who give it back to NVidia and NVidia’s Number Goes Up