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by bojan 160 days ago
Two points:

1) GDP is, while very important, not the only measure of country's prosperity

And

2) how much of those 13.3% is being hoarded by a single-digit amount of companies?

1 comments

> hoarded

Productive companies do not hoard wealth. They invest it. GDP is not a measure of wealth, it is a measure of production.

Softbank -> OpenAI -> Oracle -> Nvidia -> Intel -> Microsoft.

Over 1 trillion dollar invested in total. Where is the production?

I (and most of the people I know) are happily paying for ChatGPT (or one of its competitors) every month. The value I get from it dwarfs the tiny fee.
I'm a paying subscriber to both ChatGPT and Grok and am a satisfied customer. It's fun to compare the output of both.
> They invest it.

Where? Where is the growth in other sectors then?