sanitation@lemmy.today to

Technology@lemmy.worldEnglish · 24 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'

cross-posted to:
technology@beehaw.org

812

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

sanitation@lemmy.today to

Technology@lemmy.worldEnglish · 24 days ago

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

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

redditStinksSuperBad@lemmy.world
link
fedilink
English
arrow-up
43·
23 days ago
Let’s not forget that they’re literally stealing from anyone who ever made anything in our entire history.
- ksh@aussie.zone
  link
  fedilink
  English
  arrow-up
  3·
  edit-2
  23 days ago
  The profits will come from reselling everything again as an add-on or inapp(ropriate) purchases

Technology@lemmy.world

technology@lemmy.world

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@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

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

3.35K users / day
8.89K users / week
15.5K users / month
29.3K users / 6 months
1 local subscriber
87.8K subscribers
7.74K Posts
247K Comments
Modlog