"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?"

Sundray@lemmus.org · 2 days ago

"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?"

plyth@feddit.org · 1 day ago

they would have to sell us $800 billion worth of services over the life of today’s data centers

$100 for a yearly AI subscription for each human is possible. The problem is, which jobs do the people have to pay for it?

causepix@lemmy.ml · 1 day ago

That’s funny you think they will stop at just covering their costs once they have each and every human depending on their software. This is about infinite growth baby!

bigfondue@lemmy.world · 1 day ago

I don’t think so. Half of the population on earth lives on less than $6.85 a day

https://blogs.worldbank.org/en/developmenttalk/half-global-population-lives-less-us685-person-day

plyth@feddit.org · 1 day ago

The problem is, which jobs do the people have to pay for it?

If one half wants to keep getting their wages, there should also be enough jobs for the other half. New jobs have to be created anyway.

lichtmetzger@discuss.tchncs.de · 1 day ago

It might be possible for people on the Fediverse. Lots of people working in the tech sector with a good salary. But we are not the norm.

"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?"

"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?"

Pluralistic: The real (economic) AI apocalypse is nigh (27 Sep 2025) – Pluralistic: Daily links from Cory Doctorow