Again, all the time. If high upfront investment is needed, then you will see high investment up front The comparison doesn’t really make sense in any case. Most companies in the industry do not have products on the market. OpenAI is reporting a run rate of $2B+/year in revenue.
ECONOMY
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Drug Development Returns Zero for Decade Investment Cycles
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In year 1? All the time. Drug development is 0% return on a molecule for a decade.
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Advertising History and Surveillance Capitalism in Digital Markets
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The Conquest of Cool is good foundational material here. The Surveillance Capitalism in America reader has some good pieces on the history of advertising/marketing as it relates to the models that currently dominate.
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Apple’s Rising Prices: Consumer Buying Decisions Impact
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How #Apple products keep increasing in price? Would you still buy one? @anand_narang @GlenGilmore @LavaletteAstrid @FrRonconi @CurieuxExplorer @JolaBurnett @fogle_shane @JuergenKob @Victoryabro @RagusoSergio @Khulood_Almani @BetaMoroney @sonu_monika
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Walmart Economy Ranks 42nd Globally If Country Status
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If #Walmart were a country, it would have the forty-second largest #economy in the world @rwang0 @EvanKirstel @RLDI_Lamy @Analytics_699 @Khulood_Almani @tewoz @chidambara09 @ClementIsa @SvetBnov @mallys @jeancayeux @aure79lien @EricTIXADOR @thierry_pires
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Billion Dollar Bitcoin Purchase Signals Market Confidence
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Which one of you guys did this? Bought over a billion dollars worth of #bitcoin Seems like someone thinks its value will go up. Whoever it is look at how much this cost them to move this much money. Around $88.00. https://
blockchain.com/explorer/trans
actions/btc/fe60e8baae112517b6e1708c6e7414386ff3ceaeb10f51091adb806ed8d068a5
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AI Innovation: Focus on New Possibilities, Not Task Replacement
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Technologists often ask, “How can we replace humans doing existing tasks?”
But they should ask, “What entirely new thing can we now do that we’ve never done before?” From my piece for the @AEI "Beyond the Turing Test: Harnessing AI to Create Widely Shared Prosperity." -
AI Industry Investment and Hidden Costs Analysis
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The new AI: 60B/year in investment, 4B/year in private revenue, 10B/year in externalized public costs?
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Cosmos Enhances Ethereum Through Interoperable Sovereign Infrastructure
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I like the way @buchmanster put this: “Cosmos makes Ethereum's transformative tech more accessible through interoperable sovereignty. It provides the philosophy and tools for building, operating, and interoperating more local financial infrastructure.”