alt Hacker NewsIf it's profitable, why haven't they reported any profits? People like Ed Zitron have done the math and it just doesn't add up. I mean he just published this piece today: https://www.wheresyoured.at/ai-is-too-expensive/
Replies
goosejuice • yesterday at 9:07 PM
His entire brand is that the AI bubble will burst. By his account it was supposed to have several times by now. Like the doomers, it's not if it's when and they have to keep pushing back their predictions. Funny how both camps can be so confident. Alas, that's how they get eyes, ears and dollars.
That's not to say they will be or are wrong, it's just that they aren't exactly unbiased, or humble, sources.
Amazon was unprofitable for over a decade, and they were public. Theres no incentive to be profitable as a private company if you can continue to raise money.
Ed Zitron and Gary Marcus are... confused.