Even if AI as a tech in itself isnt a scam, its inflated money flow might beThink of a fusion reactor: it technically works but it takes in more energy than it gives out even if you run plasma at 3.3 million degree temperature and contain it with an electromagnet. AI is kinda like that.lhttps://www.msn.com/en-us/money/other/the-biggest-gamble-in-the-us-economy-is-starting-to-look-riskier/ar-AA297wdmThe Washington Post looks at giant tech companies "feeding every available dollar into the cash-incinerating maw of AI machines."[While optimists expect] huge corporate profits and a society-wide boost to wealth and well-being... questions about that AI vision are now growing more urgent: When, if ever, will this payoff arrive? "This AI thing better work out because if it doesn't ... we're going to have a problem," said Torsten Slop, chief economist at investment firm Apollo Global Management. AI costs and doubts are spreading. Financial results released over the past week show that >the AI titans' mammoth costs are largely swamping the sales boost from the technology. >At Google, for every dollar of cash its business generated in the past three months, $1.15 went out the door to pay for AI computer chips and equipment, land for AI data centers and other big-ticket purchases. Next year, five leading AI companies — Google, Amazon, Microsoft, Meta and Oracle — are projected to have negative free cash flow, which measures the cash left over after paying expenses and AI infrastructure costs. The companies remain profitable by standard financial accounting measures that spread out the costs of their AI infrastructure spending over many years... The Bank for International Settlements recently warned there was risk of "economy-wide recessions" if the AI boom falters. "I'm not saying AI is going to go away, it's just not clear to me these guys are going to make money on it," said Christopher Wood.
>>540051634AI is great to operate with shitcoins and thus giving it "value". Crash and boom into the new system with shit settles down post world war 3.
>>540051634Low iq fud from kike msm, if you had any idea about exponential progress you wouldn't be posting this
>>540051813>lol the doomsday is nearSays the boring christcuck cattle that can do nothing but express its domestication
>>540051634>Torsten SlopActual last name is Slok>mfw
>>540051895I typoed it, sorry
>>540051878Wat?
>>540051848At some point AI companies have to start making money. Promises of future breakthroughs don't keep the lights on.
