this post was submitted on 11 Aug 2026
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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' (fortune.com)
submitted 1 day ago by sanitation@lemmy.today to c/technology@lemmy.world
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[–] LifeInMultipleChoice@lemmy.world 2 points 1 day ago* (last edited 1 day ago)

I mean that's 4 companies though, so we're like saying "Microsoft has something like 250 billion in leases"... But they are "worth" over 3 trillion and hold assets worth 2-3 times those leases. Don't think it's enough to sink those large companies, it's just general investing at their scale now I guess.

Personally I think they are all overvalued, but unless all their shit flops quickly, they'll be around in 10 years still.