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by havercosine 484 days ago
I'm honestly in two minds on this one. On one hand, I do agree that valuations have run a bit too far in AI and some shedding is warranted. A skeptical position coming from a company like MSFT should help.

On the other hand, I think MSFT was trying to pull a classic MSFT on AI. They thought they can piggyback on top of OpenAI's hard-work and profit massively from it and are now having second thoughts, thats better too. MSFT has mostly launched meh products on top of AI.