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.
  • kent_eh@lemmy.caEnglish
    1·
    9 days ago

    Your government and mine may be different.

    I’d rather have my subsistence at the whims of the government than at the whims of a billionaire business owner.

      • kent_eh@lemmy.caEnglish
        2·
        9 days ago

        I would rather have my subsistence at the whims of the entirety of the country’s economic activity

        Ok, how do we organize that in an equitable manner?

        Isn’t that more-or-less what a government is supposed to be?

          • kent_eh@lemmy.caEnglish
            1·
            8 days ago

            So, step 1 is to restore the government

            I hope you guys can accomplish that before they permanently destroy your country (and mine, as your president has threatened to do multiple times).