Comment by UltraSane
17 hours ago
The valuations on AI companies are a bet on them capturing enough of the $60 trillion annual wages paid to people to have a good ROI.
17 hours ago
The valuations on AI companies are a bet on them capturing enough of the $60 trillion annual wages paid to people to have a good ROI.
And when these AI companies are slurping up $30 trillion of the annual wages ... where does it re-enter the human economy? Or does it just disappear into NVIDIA and never come out again?
Without new laws it just make the richest people even richer.