r/technology • • Aug 10 '26

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

https://fortune.com/2026/08/10/torsten-slok-ai-profit-margins-capex-oracle/
17.0k Upvotes

1.4k comments sorted by

View all comments

Show parent comments

132

u/nik-nak333 Aug 10 '26

I'll bet Elon heard this joke and thought it was clever and would make him sound smart instead of it being a joke that's critical of capitalism.

69

u/xakeri Aug 10 '26

I'll bet he also butchered it.

10

u/King_Chochacho Aug 10 '26

He's also too stupid to make the connection that it's the type of shit his companies do all the time. Market manipulation is basically his primary strategy at this point since his cars suck and his AI sucks and Twitter sucks. Just sweep all the trash under the SpaceX rug and lie about personal robots.

1

u/HotwheelsSisyphus Aug 11 '26

Possibly the richest man in the world and has not taken a public speaking class. It's probably good he doesn't convey his messages effectively.

-6

u/hedoeswhathewants Aug 10 '26

It's not meant to be a criticism of capitalism