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Comment by toasty228

10 hours ago

> has it occurred to you that AI companies may be making huge returns because AI is genuinely increasing productivity and driving actual economic growth via their products?

Then why can't anyone point at actual numbers? The best we get is "look: line go up" while pointing at either the companies selling the AI shovels or the companies selling $1 of tokens for 50ct.

When cars replaced horses we didn't have to twist the numbers to understand the benefits. When emails replaced mails we didn't have to do 6 hours of mental gymnastics to see the increased productivity. Heck my grandma could tell the benefits of computers when the town hall she worked for finally discontinued typewriters

They're spending hundreds of billions if not trillions, and have nothing to show for it besides like 5 stocks pumping like shit coins. On top of the the drawbacks are massive and very visible...