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sanitation@lemmy.today to TechnologyEnglish · 15 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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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 TechnologyEnglish · 15 hours ago
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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
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
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    14 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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      9 hours ago

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

    • aim4harmony
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      12 hours ago

      Mr. Zitrone 🍋✨☺️😃

      • aldhissla@piefed.world
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        3 hours ago

        Good God, Lemon!

        Jack Donaghy pouring himself a glass of whiskey.

        • aim4harmony
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          3 hours ago

          Mr. Zitrone chuckles in the background. 🤭🍋✨

      • hakunawazo
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        9 hours ago

        Sounds like the name of an Arcimboldo painting

        • pnwpixel@programming.dev
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          4 hours ago

          Damn, this guy seems all about the healthy lifestyle.

        • aim4harmony
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          3 hours ago

          Mr. Fruitone looks exquisite today.

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