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·
      17 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·
          16 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·
              16 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).