Comment on A Guide to the Circular Deals Underpinning the AI Boom | A web of interlinked investments raises the risk of cascading losses if AI falls short of its potential.

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EightBitBlood@lemmy.world ⁨1⁩ ⁨week⁩ ago

Don’t forget how they also missed the point that “potential” returns would actually need to be the equivalent of several countries worth of GDP to actually be profitable.

Pretty much everyone is going to miss the target of creating the most profitable thing ever in all of human existence.

I too will eat my words if these bullshit models can ever be remotely profitable. Let alone more profitable than most nations.

Bloomberg is practicing journalistic malfeasance by even pretending these “potential” returns are viable. The article might as well say AI expects to make a gajillion dollars, as that would be at least more accurate than what they printed instead.

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