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
      2·
      11 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·
          10 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).