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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'

⁨121⁩ ⁨likes⁩

Submitted ⁨⁨3⁩ ⁨weeks⁩ ago⁩ by ⁨Lemmynated@lemmy.zip⁩ to ⁨technology@lemmy.zip⁩

https://fortune.com/2026/08/10/torsten-slok-ai-profit-margins-capex-oracle/

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Comments

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  • TacoButtPlug@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

    sooo nothing’s changed with tech then

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  • LurkingLuddite@piefed.social ⁨3⁩ ⁨weeks⁩ ago

    Took ‘em long enough…

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  • oyzmo@piefed.social ⁨3⁩ ⁨weeks⁩ ago

    Yes it does! It has been said that the goal is to -give- everyone access to super intelligence. Don’t think any of the AI biggies have said that they do this to get rich

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    • athatet@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

      Ai is nothin near a super intelligence so actually they have just been lying this whole time and the actual reason was to get rich.

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    • IchNichtenLichten@lemmy.wtf ⁨3⁩ ⁨weeks⁩ ago

      Where is this super intelligence? All I see are a bunch of tech bros gaslighting investors, managers, and the occasional Lemmy poster.

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  • gravitas_deficiency@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

    Yeah - we’ve been saying that for fucking YEARS. 😐

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  • AlphaOmega@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    It’s because they’re all hoping that LLMs will get exponentially better, and faster with each new iteration. It’s a trust me bro, eventually they will become intelligent, investment. So far it’s not going well.

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