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95% of Companies See ‘Zero Return’ on $30 Billion Generative AI Spend, MIT Report Finds
(thedailyadda.com)
this post was submitted on 21 Aug 2025
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This is not true. We have enough production. Wtf are people throwing away half their plates at restaurants? Why does one rich guy live in a mansion? The super rich consume more than people realize. You are wrong on so many levels that I do not know where to start. You sound like a bot billionaire shill.
We have enough production in some areas — but not in others. Some goods are currently overly expensive because the inputs are expensive — mostly because we’re not producing enough. In many cases that’s due to insufficient competition. And there are some significant entrenched interests trying to keep things that way (lower production == lower competition == higher prices).
And FWIW, the US’s current “tariff everything and everybody” approach is going to make this much, much, much worse.
I am certainly not the friend of billionaires. I’m perfectly fine with a wealth tax to fund public works and services. All I’m against is overly simplistic solutions which just exacerbate existing problems.
You sound like a dad after reading the morning press.