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sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 months ago

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

fortune.com

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  • technology@lemmy.zip
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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'

fortune.com

sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 months ago
message-square
102
link
fedilink
  • cross-posted to:
  • technology@lemmy.zip
  • technology@beehaw.org
Top economist warns that the AI math doesn’t make sense: 'Profits are currently being funded by investors rather than earned from customers' | Fortune
fortune.com
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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.
  • nehal3m@lemmy.zip
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    2 months ago

    Ponzi called, he wants his scheme back.

    • MIDItheKID@lemmy.world
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      2 months ago

      Well the jerk store called, and they’re running out of you!

      • AdolfSchmitler@lemmy.world
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        2 months ago

        Well I slept with your wife!

        • mEEGal@lemmy.world
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          2 months ago

          username… unrelated to the whole situation ?

      • nehal3m@lemmy.zip
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        2 months ago

        Relax Costanza 😂

    • ColeSloth@discuss.tchncs.de
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      2 months ago

      I’m willing to bet most of the funders are people using AI to replace workers and manipulate the masses. So really; they’re paying customers.

    • northendtrooper@lemmy.ca
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      2 months ago

      Enron on the side asking all I had to do is wait for AI?

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