2026-09-23 20:25 UTC
@pinhman@humanwords.party
AI is not profitable. The companies lose money each time their product is used.
The only people making money on this is the financial services sector trading stock & issuing huge loans on "possible, perhaps, maybe" future revenue AND the fossil fuel industry powering gas generators for data centers.
The product is loathed and user acceptance doesn't match the hype.
What sane business makes itself dependent on a supplier or vendor at high risk of going bankrupt?
@cwebber@social.coop
Replies (1)
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@pinhman@humanwords.party 2026-09-23 23:54
@Npars01@mstdn.social @cwebber@social.coop An industry relying on potential bankruptcy? See Canadian agriculture. It’s gone from family farms that watched out and supported each other, to little corporate agricultural operations waiting for nearby farms to fail, to allow their expansion.