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Commentary: AI investment logic mirrors 'Amway victim' mentality

A commentary piece criticizes the prevailing belief that significant financial investment in AI guarantees its eventual profitability. The author likens this mindset to that of Amway victims, suggesting that large sums of money being poured into AI do not inherently validate its underlying value or potential for returns. This perspective frames the AI investment landscape as potentially resembling other historical "swindles" where the sheer scale of investment is mistaken for inherent worth. AI

IMPACT Challenges the narrative that massive AI investment guarantees future profitability, questioning the fundamental logic driving current market valuations.

RANK_REASON Opinion piece by a named credible voice.

Read on Mastodon — fosstodon.org →

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Commentary: AI investment logic mirrors 'Amway victim' mentality

COVERAGE [1]

  1. Mastodon — fosstodon.org TIER_1 English(EN) · [email protected] ·

    RE: https:// mamot.fr/@pluralistic/11677876 7230035885 "Like an Amway victim, these boardroom rubes simply can't believe that all these people could be in on th

    RE: https:// mamot.fr/@pluralistic/11677876 7230035885 "Like an Amway victim, these boardroom rubes simply can't believe that all these people could be in on the con. How could the world spend trillions on AI if it's not on a path to profitability? [...] The thesis that "it can't…