Davriellelouna@lemmy.world to Technology@lemmy.worldEnglish · edit-217 days agoTechcrunch reports that AI coding tools have "very negative" gross margins. In other words, they are losing money on every user.techcrunch.comexternal-linkmessage-square178fedilinkarrow-up1776arrow-down16cross-posted to: fuck_ai@lemmy.world
arrow-up1770arrow-down1external-linkTechcrunch reports that AI coding tools have "very negative" gross margins. In other words, they are losing money on every user.techcrunch.comDavriellelouna@lemmy.world to Technology@lemmy.worldEnglish · edit-217 days agomessage-square178fedilinkcross-posted to: fuck_ai@lemmy.world
minus-squarehark@lemmy.worldlinkfedilinkEnglisharrow-up1·16 days agoYep, and they were helped a lot after the 2008 financial crisis when interest rates were dropped super low and loans were cheap. That’s a major reason why the market has been screaming for the fed to cut the interest rate as much as possible.
Yep, and they were helped a lot after the 2008 financial crisis when interest rates were dropped super low and loans were cheap. That’s a major reason why the market has been screaming for the fed to cut the interest rate as much as possible.