High Alert
Fortune

Top economist warns that the AI math doesn’t make sense: ‘Profits are currently being funded by investors rather than earned from customers’

Top economist warns that the AI math doesn’t make sense: ‘Profits are currently being funded by investors rather than earned from customers’WorldPing

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.

This is a short WorldPing brief. The full report was published by Fortune.

Read the full report at Fortune

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Brief by WorldPing · Original reporting by Deutsche Welle