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sanitation@lemmy.today to Technology@lemmy.worldEnglish · 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.com

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  • cross-posted to:
  • technology@beehaw.org
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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 · 7 hours ago
message-square
33
fedilink
  • cross-posted to:
  • 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.
  • tinsukE@lemmy.world
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    5 hours ago

    Funny how the “Top Economist” just parroted what Ed Zitron, also quoted on the piece, has been harping on, since… checks notes always.

    Edit: Zitron, the name. Not Zitrone, The German word for lemon.

    • Voroxpete@sh.itjust.works
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      1 hour ago

      When this is all over the world owes Ed Zitron a massive fucking apology.

    • aim4harmony@lemmy.world
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      4 hours ago

      Mr. Zitrone 🍋✨☺️😃

      • hakunawazo@lemmy.world
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        40 minutes ago

        Sounds like the name of an Arcimboldo painting

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