Comment on Big tech has spent $155 billion on AI this year. It’s about to spend hundreds of billions more
shalafi@lemmy.world 4 weeks agoThis is not that. They’re all hoping to be the next Google or FaceBook. They know damned well most are going to lose. The gamble is that they won’t be the one holding the bag when the bubble pops.
This is as high stakes as tech gets today.
boonhet@sopuli.xyz 4 weeks ago
Some of them are already Google or Facebook tbh. They could run many safer gambles for the same money. But I suspect investors demand AI right now.