tracyspcy

Sinking profit - > cut operations costs -> sell it to investors as investments in ai / or increasing productivity with ai or bla bla ai. So company is sinking , but stock price is up… placebo economics

2 things :

1. If this is true, why same ai tools cannot replace this hippie ceo guy?
2. More often ai sounds like a plausible excuse for cutting operational costs of sinking companies. In case of block, just look at how buttcoin performs Same situation was recently with Gemini, they also suddenly felt ai is ready to replace workers and same ai failed to replace ceo dudes