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'

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4am@lemmy.zip ⁨2⁩ ⁨days⁩ ago

It’s exactly a Ponzi scheme, with the bone difference being that there is no product with a true Ponzi scheme, but this one has a product. It’s just a worthless mechanical Turk designed to hornswaggle the rubes.

It’s an Altman scheme.

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