The thing is, their values are overstated. It’s a bubble economy. AI companies are racing for IPO specifically because they want to leave the public holding the bag when it finally crashes.
I don’t want any stake in AI companies.
Government sponsored public investment funds should focus on stable, long-term investments and basic essentials like utilities, telecom, housing, agriculture, etc.
I would include healthcare and education in that list but I believe those things shouldn’t be monetized at all and should be entirely non-profit.
But AI though is not a good investment. It only looks like one now because it’s a pump and dump. A ponzi scheme, even.
Keep your eye on the ball: 100% of the profits must pay for universal healthcare.
I love this idea, but I’m not sure if any AI company has made any profit to date lmao
No AI company will ever make a profit.
That’s no excuse for you to forget that human rights is our ultimate goal.
Never take your eye off the ball. Vote for humans. Fight for human equality. 🏳️🌈
Microsoft, Facebook, and NVIDIA all make enormous profits.
Nvidia yes, all the others I’m not so sure: https://isaiprofitable.com/
Microsoft has shoehorned so much of their AI into it’s OS that it’s the same product.
Whether this tanks their OS sales remains to be seen. But your site is trying to draw a line that no longer exists.
Year over a year, those profits are plummeting.
AI companies, themselves, have never made a profit
Like AI, you’re hallucinating
Might as well say Internet Explorer has never turned a profit.
They’re being incorporated into highly profitable software vendors and foisted on profitable businesses.
Meanwhile, the companies producing the models are rapidly enriching their owners and early investors. That looks like profit to me.
All Ponzi schemes look profitable until they run out of fresh rubes.
The thing is, their values are overstated. It’s a bubble economy. AI companies are racing for IPO specifically because they want to leave the public holding the bag when it finally crashes.
I don’t want any stake in AI companies.
Government sponsored public investment funds should focus on stable, long-term investments and basic essentials like utilities, telecom, housing, agriculture, etc.
I would include healthcare and education in that list but I believe those things shouldn’t be monetized at all and should be entirely non-profit.
But AI though is not a good investment. It only looks like one now because it’s a pump and dump. A ponzi scheme, even.
I expected Bernie to be better than this…
Are you a one issue voter?
I mean, if they are, life quality of humans is a hell of a valid issue.
Well said
Yeah they got me on that one
They need to be funding UBI with it too. Every time a company kills a job because of AI they need to be taxed and that should go to UBI.