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.
  • PRIMEcavitationfetishist@quokk.auEnglish
    31·
    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.caEnglish
      1·
      4 hours ago

      Your emotions don’t override reality.

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