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.
I mean really the same problem with Monarchy. Once someone somehow gets on top very hard to remove them and their descendants from power even if the original person or their descendants are complete idiots.
The problem with capitalism is that morons can get filthy rich and make poor decisions.
Example 1: US president.
Yeah, look at Zuckerberg, who recently burned billions on his crappy virtual reality project, and is now doing the same with AI.
I mean really the same problem with Monarchy. Once someone somehow gets on top very hard to remove them and their descendants from power even if the original person or their descendants are complete idiots.
There there. Give some credit to the American people. They’re the ones that elected him. Twice.
well i will agree they failed to prevent his presidency, twice.