2026-08-11T05:01:49.119457Z

Top economist warns that the AI math doesn’t make sense: 'Profits are currently being funded by investors rather than earned from customers'

fortune.com/2026/08/10/torsten-slok-ai-profit-margins-capex-oracle/

FortuneTop economist warns that the AI math doesn’t make sense: 'Profits are currently being funded by investors rather than earned from customers' | FortuneThe 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.

2026-08-12T07:58:49.811027Z

Echo Dot@echodot@feddit.uk

⁨3⁩d

Replying to @⁨sanitation@lemmy.today⁩

Fancy being a top economist and therefore being privy to knowledge that is beyond the capabilities of us mortals. We thought the AI was a profitable business, and it turns out it’s a giant scam, who would have thought it?

⁨Aug⁩ ⁨12⁩, ⁨2026⁩, ⁨07:58⁩en

2026-08-12T20:07:00.293835Z

Atomic@Atomic@sh.itjust.works

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Replying to @⁨echodot@feddit.uk⁩

If you thought AI was profitable that’s on you. Normal people have had the information required since the start.

It’s also expected that new tech companies won’t see profits for the first 10 years. That’s not new.

2026-08-12T21:22:55.15097Z

OBJECTION!@Objection@lemmy.ml

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Replying to @⁨Atomic@sh.itjust.works⁩

The other person was being sarcastic.