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toto †
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toto †
@ottotsu_
https://t.co/SxFXlJYvuD | 21 | mirror/cloud | don’t repost | commissions open ★
🇳🇬🇳🇱 Beigetreten Nisan 2021
4.3K Folgt2.6K Follower
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🎁Arknights: Endfield Global Social Media Followers Have Reached 10 Million!
Thank you to every Endministrator for your interest and support. Let us forge ahead side by side.
Follow us @AKEndfield, and repost this post for a chance to win great rewards!
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▼// Event Period
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🚨Goldman Sachs just confirmed something insane and nobody’s talking about it
companies spent $450 billion in AI and contributed zero to US economic growth. not “minimal.” actually zero.
these companies fired a total of 30,000+ human workers to bet on ai infrastructure. it failed.
so where did the money went?
> Nvidia took $130B. Jensen got rich selling GPUs - not from AI working, from everyone buying hardware.
> corporate buybacks got the rest. cut jobs, slash costs, pump stock, buy it back. money went to shareholders, not productivity.
> the bubble: H100 clusters sitting underutilized. enterprise contracts collecting dust. same hype cycle.
the damage is done. Meta fired 21K. Amazon 16K. Atlassian 1.6K. those jobs aren’t coming back.
they bet the economy on AI productivity. Goldman confirmed there is no productivity. lmao
either this pays off in 18 months or we just witnessed the largest capital misallocation in tech history and we can’t undo it 💀
unusual_whales@unusual_whales
"Massive investment in AI contributed basically zero to US economic growth last year," per Goldman Sachs
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