lemmy.net.au
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
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

external-link
message-square
61
fedilink
  • cross-posted to:
  • technology@lemmy.zip
  • technology@lemmy.world
  • technology@lemmit.online
155
external-link

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
message-square
61
fedilink
  • cross-posted to:
  • technology@lemmy.zip
  • technology@lemmy.world
  • 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
external-link
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.
  • partofthevoice@lemmy.zip
    link
    fedilink
    arrow-up
    5
    ·
    1 day ago

    Exchange still occurs globally and amongst the upper class.

    • Rivalarrival@lemmy.today
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 day ago

      The upper class doesn’t buy anything but stocks.

      • obviouspornalt@fedinsfw.app
        link
        fedilink
        English
        arrow-up
        0
        ·
        18 hours ago

        don’t be so narrow minded. they also buy yachts and real estate and politicians.

        • Rivalarrival@lemmy.today
          link
          fedilink
          English
          arrow-up
          1
          ·
          5 hours ago

          They don’t buy enough yachts and private jets and other manufactured property that would put a worker to work to produce it.

          I would argue that “Real Estate” and “Politicians” are de facto “stocks”.

Technology@beehaw.org

technology@beehaw.org

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@beehaw.org

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

  • Free and Open Source Software
  • Programming
  • Operating Systems

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 146 users / day
  • 832 users / week
  • 2.39K users / month
  • 3.94K users / 6 months
  • 1 local subscriber
  • 43.4K subscribers
  • 416 Posts
  • 2.87K Comments
  • Modlog
  • mods:
  • Chris Remington@beehaw.org
  • alyaza [they/she]@beehaw.org
  • TheRtRevKaiser@beehaw.org
  • gyrfalcon@beehaw.org
  • rs5th@beehaw.org
  • coldredlight@beehaw.org
  • Leigh@beehaw.org
  • BE: 0.19.9
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org