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Krugman: AI investment may not justify massive outlays

By PulseAugur Editorial · [1 sources] ·

Paul Krugman argues that despite significant investment in AI, the technology may not yield substantial profits. He suggests that the massive expenditures on frontier AI technologies might not be justifiable by the eventual profits generated. This perspective challenges the prevailing optimism surrounding AI's economic viability. AI

IMPACT Challenges the economic assumptions underpinning current AI investment, suggesting a potential disconnect between expenditure and profitability.

RANK_REASON Opinion piece by a named credible voice.

Read on Mastodon — mastodon.social →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Krugman: AI investment may not justify massive outlays

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COVERAGE [1]

  1. Mastodon — mastodon.social TIER_1 English(EN) · [email protected] ·

    “Many observers have long argued that #AI is an impressive technology, but profits will be elusive. And it’s now apparent companies spending hundreds of billion

    “Many observers have long argued that #AI is an impressive technology, but profits will be elusive. And it’s now apparent companies spending hundreds of billions on frontier #technology are unlikely to generate enough profits to justify their huge outlays” paulkrugman.substack.co…

    LINKS paulkrugman.substack.com/…/will-the-ai-in…

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