AI Economics for Dummies

➭ Visit link This post by Andrew Singleton is great: it shows how absurd the current AI bubble is. Really great comparisons like this one: Acquiring one grape costs Alex $2 billion. Alex offers to sell Mike one grape a month for the next 12 months for $1 billion per grape. Alex asks for the full $12 billion up front and provides Mike with one grape for the first month. Alex makes a $10 billion…