The question is, does the money spent on #AI tokens lead to less or more genuine productivity than would be realised by spending the same amount on human workers?
If less, then this is stupid, uncompetitive and will be a fad.
If more…
Oliver T Lord
NEW: Startup CEOs are bragging that they are spending more money on AI compute than it would cost to hire human workers. Astronomical AI bills are now, in a certain corner of the tech world, a supposed marker of growth and success.
A new class of AI startups say they are taking money that would normally be used to hire people and are spending it on AI compute instead.