posted in Technology
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/
FortuneTop 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.