this post was submitted on 19 Jul 2026
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Regular industries are always working on the next possible improvement while also having either a path to profitability or are also profitable depending on how long they have existed. Sure, some can take a decade or more to get there, but they are actually on a path with significant income from their work and investment to get past the growing pains.
The larges AI companies have dumped massive amounts of money with minuscule income and exist entirely off of investments with no actual path to profitability other than wishful thinking. There isn't enough economy to make up for the investments and it isn't like AI is magically going to create more economy when the goal is to put everyone out of work to increase profits.
Okay, so we don’t disagree then?
No, we don't.
It has already been established: There is no profitability from frontier AI labs because they have sunk a volume of money into the whole shit show that will never, ever be recouped.
If you just ignore the eventual bankruptcies or stop ignoring the massive waster and start counting at some future date then there could be pretend profits.
Ahhh this is where we disagree: on the meaning of the word established. To me, established means widely accepted and recognized as true. To you, it means obviously true.
This is where the IPO process I described above comes into play. It takes information and establishes it to become widely known and without doubt. The current existence of AI believers/boosters is evidence that AI profitability is not established, even if it is true.
Profit is something objective and measurable. People's impression and belief about something doesn't magically create profit.
That wasn’t the argument. The argument is on the meaning of the word established