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Chris Remington ( remington@beehaw.org ) MA to Technology · 2 months 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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  • cross-posted to:
  • technology@lemmy.zip
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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 ( remington@beehaw.org ) MA to Technology · 2 months ago
message-square
61
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fedilink
  • cross-posted to:
  • technology@lemmy.zip
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.
  • eurodyne ( eurodyne@piefed.world ) 
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    2 months ago

    Hmmm… I think it needs to be something with more ‘bite’. “Musking it up” sounds like a 90s sitcom dad-move. Like something Tim Allen might have tried on Home Improvement.

    “Livin’ On the Eggs!”

    “Just can’t help myself from breeeeding!”

    Ok, fucking yikes— no, that was somehow even more 90s, and incredibly terrifying. Apologies to anyone who gets the reference. and to literally every member of Aerosmith.

    • WalleyeWarrior ( WalleyeWarrior@midwest.social ) 
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      2 months ago

      No apologies for Steven Tyler. He paid a family to make him the legal guardian of a 16 year old so that he could take her cross country and live with her.

      • eurodyne ( eurodyne@piefed.world ) 
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        2 months ago

        Yeah, I remember that too because I was a teenager when that was in the newspapers, and people were like “whatever”

        So gross

    • calliope ( calliope@retrolemmy.com ) 
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      2 months ago

      I actually came back to ask “is that an Aerosmith ‘Livin On the Edge’ reference in the wild?!”

      I loved it.

      • eurodyne ( eurodyne@piefed.world ) 
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        2 months ago

        I just can’t help myself from faaaaaallin’

    • t3rmit3 ( t3rmit3@beehaw.org ) 
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      2 months ago

      I thought it was a Weird Al reference…

      • eurodyne ( eurodyne@piefed.world ) 
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        2 months ago

        Lol, sorry Al, I got there first!

        Edit: but I love that dude so much, he can fucking have it

        Edit 2 [Nov 5, 2056]: As the legal representative of [NAME REDACTED / username: eurodyne] our previous comments are hereby rescinded.

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