---
layout: post
syndicate: true
date: 2026-06-13 04:42
title: AI Economics for Dummies
link: https://www.mcsweeneys.net/articles/ai-economics-for-dummies
cited: Andrew Singleton (McSweeney’s)
type: linked
---

> 3. Jenny owns a crematorium. John's propane company gives her a $20 billion investment in return for 5 percent of her operation. Jenny throws $10 billion into the incinerator, then pays John $10 billion to buy propane to burn that money to ashes. John reports that his AI investments have generated $10 billion in revenue this quarter and that he owns 5 percent of a $100 billion business.