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bigfatkitten
4 months ago
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Bank of England flags risk of 'sudden correction' ...
It is when compared with their capex, and where is that revenue coming from? It’s predominantly coming from other AI hopefuls incinerating capital.
dzhiurgis
4 months ago
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> where is that revenue coming from?
800M active users aka 10% of worlds population.
bigfatkitten
4 months ago
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Of which a small minority are paying subscribers.
dzhiurgis
4 months ago
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Math says about 10%
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