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“They need trillions of dollars in revenue. Who’s going to pay it?”

Senior Distinguished Fellow at the Center for Economic and Policy Research Dean Baker joins The Tech Report’s Isaac Pound to talk about how some of the founding principles of the AI industry are now in question after business leaders admit they’re not using frontier models.

Comments:

@teamspeak9374 for 18 timer siden On one side you got highly credited independent economists, journalists and researchers saying the economics makes no sense. On the other side you have a bunch of tech bros saying to close your eyes to reality cause AI will fix it. I wonder who's more credible 🤔 579 Svar 71 svar @15tt-b3h for 17 timer siden This will be the third major global economic bubble to affect my adult life. What a time to be alive! 343 Svar 36 svar @joemclemore3503 for 17 timer siden It will be a cold day in hell when I turn over any of my personal dealings the Meta's "agent" muse. It's malware/spyware on freakin' steroids. 193 Svar 8 svar @arandmorgan for 15 timer siden Do you mean, due to their extreme wealth and power they suffered so much from the isolation away from normal people, that their disconnect led to them providing a service or product that nobody wants. Who could have thought that? 37 Svar 2 svar @georgemcbay for 12 timer siden Mike Ehrmantraut from Breaking Bad knows a lot about the economics of AI. 12 Svar @tomryan3012 for 18 timer siden Salesforce bet the company on their AI product ‘Agentforce’, they were even going to rename Salesforce to Agentforce. It failed so badly that they’ve backtracked and teamed up with Anthropic, rebranding to AIforce.

Internally, salespeople are struggling to sell AI tooling. Credit consumption models are a CFO’s nightmare