Technology@lemmy.zipEnglish · 1 month 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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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.zipEnglish · 1 month 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

fortune.com

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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gravitas_deficiency@sh.itjust.works
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1 month ago
Yeah - we’ve been saying that for fucking YEARS. 😐

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