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by ant6n 20 hours ago
It's kind of funny. I was looking at the top of the page thinking 1.5T investment for so far 770B revenue isn't bad at all, that could break even after some time. But then you look the listed companies, there costs vs revenue.

Turns out 516B of the revenues are from Nvidia, which is not an AI company, but just selling shovels. Nvidias revenues are effectively costs to actual AI companies.

1 comments

Yep. Click the button that hides the infrastructure companies. The entire thing is a scam. The only thing holding it up is the belief that AI will replace the majority of human labor in the foreseeable future. So far, it has replaced almost none of it.