Chris Remington@beehaw.orgM to

Technology@beehaw.org · 6 days ago

Top economist warns that the AI math doesn’t make sense: 'Profits are currently being funded by investors rather than earned from customers'

cross-posted to:
technology@lemmy.world

158

Top economist warns that the AI math doesn’t make sense: 'Profits are currently being funded by investors rather than earned from customers'

Chris Remington@beehaw.orgM to

Technology@beehaw.org · 6 days ago

cross-posted to:
technology@lemmy.world

Top economist warns that the AI math doesn’t make sense: 'Profits are currently being funded by investors rather than earned from customers' | Fortune

The AI boom has turned the standard profit margin model on its head, according to Apollo Chief Economist Torsten Slok—and it’s making the industry’s growth unsustainable.

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eurodyne@piefed.world
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6 days ago
Lol, sorry Al, I got there first!

Edit: but I love that dude so much, he can fucking have it

Edit 2 [Nov 5, 2056]: As the legal representative of [NAME REDACTED / username: eurodyne] our previous comments are hereby rescinded.

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