Davriellelouna@lemmy.world to Technology@lemmy.worldEnglish · 1 day agoBig tech has spent $155 billion on AI this year. It’s about to spend hundreds of billions morewww.theguardian.comexternal-linkmessage-square63fedilinkarrow-up1339arrow-down11
arrow-up1338arrow-down1external-linkBig tech has spent $155 billion on AI this year. It’s about to spend hundreds of billions morewww.theguardian.comDavriellelouna@lemmy.world to Technology@lemmy.worldEnglish · 1 day agomessage-square63fedilink
minus-squareshalafi@lemmy.worldlinkfedilinkEnglisharrow-up20arrow-down1·1 day 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.
minus-squareboonhet@sopuli.xyzlinkfedilinkEnglisharrow-up5·14 hours agoSome 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.
This 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.
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.