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Two points: 1) GDP is, while very important, not the only measure of country's prosperity And 2) how much of those 13.3% is being hoarded by a single-digit a
by bojan 9mo ago
Two points:
1) GDP is, while very important, not the only measure of country's prosperity
And
2) how much of those 13.3% is being hoarded by a single-digit amount of companies?
- WalterBright 9mo ago> hoarded Productive companies do not hoard wealth. They invest it. GDP is not a measure of wealth, it is a measure of production.
- tremon 9mo agoSoftbank -> OpenAI -> Oracle -> Nvidia -> Intel -> Microsoft. Over 1 trillion dollar invested in total. Where is the production?
- nickpp 9mo agoI (and most of the people I know) are happily paying for ChatGPT (or one of its competitors) every month. The value I get from it dwarfs the tiny fee.
- WalterBright 9mo agoI'm a paying subscriber to both ChatGPT and Grok and am a satisfied customer. It's fun to compare the output of both.
- bojan 9mo ago> They invest it. Where? Where is the growth in other sectors then?