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

Source: Fortune

The 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.

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

The FCC wants to ban drones with LiDAR that it previously approved

Count Binface, the man in a can with a plan, seeks Parliament seat in Britain’s wackiest election

Forget DeepSeek. China’s real ‘Sputnik moment’ is happening on campus as American universities lose their advantage

Kevin O'Leary said he messed up the messaging on his massive Utah data center plan

Hasan Piker’s mom admits her son’s love of China is outlandish

Jamie Dimon says the dollar could lose reserve-currency status if the US loses its economic and military edge

Yankees still waiting for Jazz Chisholm Jr. to ‘get dialed in’ as slump continues

Taylor Farms issued a recall for over a dozen items, including salsa and guacamole, over Salmonella risks

Taiwan is drilling to keep interceptor fighters flying through attacks on its runways just 90 miles from China

Victor Eklund putting in the work with battle Islanders roster spot ahead of him

Gen Z is bringing pen and paper back to the workplace

I spent 15 years chasing my dream of designing planes. I gave it up to help revive rural Japan.

Fantasy Baseball Week 21 Preview: Top 10 sleeper hitters highlight Ezequiel Duran, Andrew Vaughn

Bryson DeChambeau excited for new LIV Golf investor’s ‘fresh vision’ for the product

Andy Green gives insight into Robert Stock’s status in Mets rotation after rough outing