• Almacca@aussie.zone
    link
    fedilink
    English
    arrow-up
    0
    ·
    2 days ago

    Asked about the exploding values of AI companies on Tuesday and if the sector may be in a so-called bubble, Huang told NBC News that “these companies are generating real revenues” and the products they are selling are “profitable.”

    Doubts about thst statement aside, there’s no mention of ‘benefit to society’, you’ll note.

    • cygnus@lemmy.ca
      link
      fedilink
      arrow-up
      0
      ·
      edit-2
      2 days ago

      The guy collecting empties in the highway culvert is also generating revenue, but that doesn’t mean his enterprise is worth 5 billion dollars.

      Edit: I meant “trillion” but I’m so unused to actually typing that number out because it’s so absurdly large

      • Almacca@aussie.zone
        link
        fedilink
        English
        arrow-up
        0
        ·
        2 days ago

        The guy collecting empties on the highway is arguably generating more of a benefit to society, though.