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Chris Remington@beehaw.orgM to Technology@beehaw.org · 1 day 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

Chris Remington@beehaw.orgM to Technology@beehaw.org · 1 day ago
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  • technology@lemmy.zip
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  • technology@lemmit.online
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.
  • PRIMEcavitationfetishist@quokk.au
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    1 day ago

    isn’t unprofitable

    Yes it is. The only things its useful and efficient for are all laid out in either ‘1984’ or the Geneva conventions.

    • BlameThePeacock@lemmy.ca
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      8 hours ago

      Your emotions don’t override reality.

      LLMs are excellent at translation as one significant beneficial use case.

      • PRIMEcavitationfetishist@quokk.au
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        2 hours ago

        I wish I could believe you, sloppy, but you’re all lying sacks of shit so I can’t trust anything you say.

        • BlameThePeacock@lemmy.ca
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          39 minutes ago

          That makes sense, you’re clearly not smart enough to know a second language so you can test it out.

          • PRIMEcavitationfetishist@quokk.au
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            35 minutes ago

            Is that what your cat farts said would own me?

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