Chris Remington@beehaw.orgM to

Technology@beehaw.org · 7 hours ago

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

87

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 · 7 hours 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

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.

Chat

ℍ𝕂-𝟞𝟝@sopuli.xyz
link
fedilink
English
arrow-up
4·
3 hours ago
They buy products from each other, and shut out more and more people if society.

You see the homeless drug addict on the street? They want more of that.

Technology@beehaw.org

technology@beehaw.org

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@beehaw.org

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

326 users / day
870 users / week
2.42K users / month
5.61K users / 6 months
1 local subscriber
43.4K subscribers
5.55K Posts
97.5K Comments
Modlog