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posted in Technology

sanitation@sanitation@lemmy.today
⁨4⁩d

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/2026/08/10/torsten-slok-ai-profit-margins-capex-oracle/
Larry EllisonFortuneTop economist warns that the AI math doesn’t make sense: 'Profits are currently being funded by investors rather than earned from customers' | FortuneThe 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.
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tinsukE@tinsuke@lemmy.world
edited⁨4⁩d

Replying to @⁨sanitation@lemmy.today⁩

Funny how the “Top Economist” just parroted what Ed Zitron, also quoted on the piece, has been harping on, since… checks notes always.

Edit: Zitron, the name. Not Zitrone, The German word for lemon.

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Voroxpete@Voroxpete@sh.itjust.works
⁨3⁩d

Replying to @⁨tinsuke@lemmy.world⁩

When this is all over the world owes Ed Zitron a massive fucking apology.

⁨Aug⁩ ⁨11⁩, ⁨2026⁩, ⁨10:33⁩en
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