this post was submitted on 08 Jul 2026
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538
Execs Confused and Horrified by the Huge AI Bills After Thinking They Could Replace Workers for Free (futurism.com)
submitted 6 hours ago by FoxtrotDeltaTango@sh.itjust.works to c/technology@lemmy.world
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[–] Pacattack57@lemmy.world 2 points 1 hour ago (2 children)

I’m sure there’s a term for it but this is like when a company keeps securing funding from investors so they keep growing to try to outpace costs with the illusion that you’re profitable when in reality you’re not. Just like WeWork.

[–] darvit@lemmy.darvit.nl 1 points 53 minutes ago

Venture capital

[–] EpeeGnome@feddit.online 1 points 1 hour ago

It's just a Ponzi scheme with extra steps.