Conversation

Something to consider when counting your generative Ai profits that haven't materialized yet, and may NEVER show up:
"... investments in AI do not appear to be driving much economic growth at all, other than in the revenue driven to NVIDIA from selling these GPUs, and the construction of data centers themselves. Had Microsoft, Google, Meta and Amazon sunk $776 billion into building housing and renting it out, the world would be uneven, we would have horrible new landlords, and it would still be a great deal better than one where nearly a trillion dollars is being wasted propping up a broken, doomed industry, all because the people in charge are fucking idiots obsessed with growth." --Ed Zitron

https://www.wheresyoured.at/the-enshittifinancial-crisis/

#StockSpeculation #StockMarket #Capitalism #Ai