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by lotsofpulp
918 days ago
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> fact a very tiny percentage of the budgets for these new "tech companies" are put into research and development of new products Have you read how much cash Meta has burned on VR? Apple on its R&D? Nvidia? Amazon and Microsoft and the rest on cloud (that requires R&D too, they can’t just go out and buy it). > The business model is 100% a media and entertainment buisness model for most of the companies on that list. Nonsense if you read any of the financial statements, except for Netflix. |
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