Comment by WalterBright
7 days ago
> hoarded
Productive companies do not hoard wealth. They invest it. GDP is not a measure of wealth, it is a measure of production.
7 days ago
> 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.
I'm a paying subscriber to both ChatGPT and Grok and am a satisfied customer. It's fun to compare the output of both.
> They invest it.
Where? Where is the growth in other sectors then?