BlackRock's Larry Fink urges trillions in AI investment to keep US ahead, citing national security risks if China advances. His proposal to use retirement savings sparks social media uproar.
AI is going to crash the economy. It doesn’t have a business model that pays for itself. Less capacity is being built than is claimed, and companies like Microsoft and Google would essentially have to double their total revenue to cover the AI capex. Read Ed Zitron for a sober detailed take on the state of the AI industry.
AI is going to crash the economy. It doesn’t have a business model that pays for itself. Less capacity is being built than is claimed, and companies like Microsoft and Google would essentially have to double their total revenue to cover the AI capex. Read Ed Zitron for a sober detailed take on the state of the AI industry.
Ed is gonna die from a smug overdose when it happens, my man has been calling his shot
Agreed.