Business & Economy · 1 views
Top economist warns that the AI math doesn’t make sense: ‘Profits are currently being funded by investors rather than earned from customers’
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…
Source Fortune AI Summary Updated 2h 23m ago
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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.
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