The Shady Acquisition of EA Games

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• scrubbles@poptalk.scrubbles.tech ⁨1⁩ ⁨week⁩ ago

  The investors are betting that AI-based cost cuts will significantly boost EA’s profits in the coming years, people involved in the transition told the Financial Times

  As an engineer who uses AI regularly, have built models, and knows the subject deeply - LOL. This is huge Bro energy with little understanding of AI and they are fully on the hype train.

  I did a long comment on my experience working for private equity, and just love how it’s going to destroy EA: poptalk.scrubbles.tech/comment/5086464

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  • mnemonicmonkeys@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

    This is huge Bro energy with little understanding of AI and they are fully on the hype train.

    Aparently one of the companies that made the purchase is owned by Jared Kushner. You’re probably spot on with that assessment

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  • Katana314@lemmy.world ⁨1⁩ ⁨week⁩ ago

    I wish it was easier to predict when the AI bubble is going to pop. There’s likely lots of money to be made shorting them, but it’s not something small investors can do easily - and there’s a real possibility some thousands of investors instead pull harder on the copiumand just lie to themselves for the next decade that “it’s almost there bro, we just need another lake for cooling our doubled power output”

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• Wildmimic@anarchist.nexus ⁨1⁩ ⁨week⁩ ago

  This one was an informative and fun watch lol

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