Chris Remington@beehaw.orgM to

Technology@beehaw.org · 18 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'

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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 · 18 days ago

cross-posted to:
[email protected]

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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18 days ago
Is it… Reaganomics?

Or, more specifically, Ponzi scheme?

There’s probably a more contemporaneous name… Something involving Elon Musk I’m sure

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