AI economy risk + NOA: News Over Audio + "fake AI addoption"

A good article, and a good way to "listen" an article ("AI voice" TTS)

In a way this small AI enabled feature is a "hope" that all this investment in AI HW has real value.
And it does, just if that is enough? We don't pay to listen it, but somebody pays to generate it... 

Something Ominous Is Happening in the AI Economy - The Atlantic

"CoreWeave’s IPO in March was the largest of any tech start-up since 2021, and the company’s share price has subsequently more than doubled, outperforming even the “Magnificent Seven” tech stocks. On Wall Street, CoreWeave is regularly referred to as one of the most important companies powering the AI revolution. In the past few months, it has announced a $22 billion partnership with OpenAI, a $14 billion deal with Meta, and a $6 billion arrangement with Nvidia..."

Noa | News Over Audio

related

DraganSr: AI bubble, circular funding

The Al Bubble Is A Lot Worse Than You Think - YouTube

"AI driven stocks" hold 40% of S&P500; NVidia alone holds 7.5%!
And since most people conservatively invest in "index fund" based on S&P500,
almost everyone who invests is exposed to this "bubble"!

Peter Girnus 🦅 on X: "Last quarter I rolled out Microsoft Copilot to 4,000 employees. $30 per seat per month. $1.4 million annually. I called it "digital transformation." The board loved that phrase. They approved it in eleven minutes. No one asked what it would actually do. Including me. I" / X

Post | LinkedIn
“Last quarter I rolled out Microsoft Copilot to 4,000 employees. $30 per seat per month. $1.4 million annually. I called it "digital transformation. The board loved that phrase. They approved it in eleven minutes. No one asked what it would actually do. Including me. I told everyone it would 10x productivity."
“Three months later I checked the usage reports. 47 people had opened it. 12 had used it more than once. One of them was me..."