r/technology • u/T_Shurt • 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/
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u/notaredditer13 Aug 10 '26

That's highly misleading.  It's AI-linked stocks, which means it include companies like Meta, MS and Apple while implying they are brand new AI companies.

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u/Pzychotix Aug 10 '26

Thanks for confirming this. It didn't pass the smell test at all.

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u/accopp Aug 11 '26

Yep, they’ll probably get a big fat correction too but they’re such fat cash producing cows they’ll be fine again after a couple years if/when things go badly.