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

BlameThePeacock@lemmy.ca ⁨3⁩ ⁨days⁩ ago

The underlying technology isn’t unprofitable, inference alone isn’t unprofitable. It’s the research and development of better models that’s unprofitable and unsustainable.

That’s pretty much how almost every new development happens. EVs were the same, primarily funded by subsidies and now they’re cost competitive or better in many situations even without them. Cellphone networks… also heavily funded by investors and some took hits from how it all played out. The dotcom bubble. Even as far back as the Railroad boom in the UK.

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