Comment by bojan
6 days ago
Two points:
1) GDP is, while very important, not the only measure of country's prosperity
And
2) how much of those 13.3% is being hoarded by a single-digit amount of companies?
6 days ago
Two points:
1) GDP is, while very important, not the only measure of country's prosperity
And
2) how much of those 13.3% is being hoarded by a single-digit amount of companies?
> hoarded
Productive companies do not hoard wealth. They invest it. GDP is not a measure of wealth, it is a measure of production.
Softbank -> OpenAI -> Oracle -> Nvidia -> Intel -> Microsoft.
Over 1 trillion dollar invested in total. Where is the production?
I (and most of the people I know) are happily paying for ChatGPT (or one of its competitors) every month. The value I get from it dwarfs the tiny fee.
1 reply →
> They invest it.
Where? Where is the growth in other sectors then?