101@feddit.org to People Twitter@sh.itjust.worksEnglish · 2 months agoI thought it was satire, before I look to the source.feddit.orgimagemessage-square38fedilinkarrow-up1111file-text
arrow-up1111imageI thought it was satire, before I look to the source.feddit.org101@feddit.org to People Twitter@sh.itjust.worksEnglish · 2 months agomessage-square38fedilinkfile-text
minus-squareTachyonTele@lemm.eelinkfedilinkarrow-up11·2 months agoThey are making money off AI. Don’t think they’re not. I don’t understand how, but these company’s are getting profit.
minus-squareBlue_Morpho@lemmy.worldlinkfedilinkarrow-up5·2 months agoNot necessarily. Companies chase what’s popular because it boosts the stock. Executives get bonuses and move to the next hot idea. Remember when everything was block chain?
minus-squareTachyonTele@lemm.eelinkfedilinkarrow-up5·2 months agoNo, I mean they are literally making money from it. Asianometry touched on it, but didn’t explain how they were making the profit.
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up3·2 months agoThey’re racking in a ton of investment case on AI. I’m sure there’s also a slew of government contracts that keep this beast afloat. But in terms of real value added to the economy? This seems like its just another Wall Street bubble waiting to pop.
minus-squareTachyonTele@lemm.eelinkfedilinkarrow-up2·2 months agoOh I agree. But the fact is these company’s are seeing actual profits right now.
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up4·2 months agoThey’re seeing a flood of new investment, but they’re also absorbing huge losses from within their AI divisions. The profits they’re reaping are in other sectors.
minus-squarepurrtastic@lemmy.nzlinkfedilinkEnglisharrow-up2·2 months agoAre they? The Subprime AI Crisis
They are making money off AI. Don’t think they’re not. I don’t understand how, but these company’s are getting profit.
Not necessarily. Companies chase what’s popular because it boosts the stock. Executives get bonuses and move to the next hot idea.
Remember when everything was block chain?
No, I mean they are literally making money from it. Asianometry touched on it, but didn’t explain how they were making the profit.
They’re racking in a ton of investment case on AI. I’m sure there’s also a slew of government contracts that keep this beast afloat.
But in terms of real value added to the economy? This seems like its just another Wall Street bubble waiting to pop.
Oh I agree. But the fact is these company’s are seeing actual profits right now.
They’re seeing a flood of new investment, but they’re also absorbing huge losses from within their AI divisions.
The profits they’re reaping are in other sectors.
Are they? The Subprime AI Crisis