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charcircuit
144 days ago
>losing tens of billions
They are investing 10s of billions.
2 comments
bigstrat2003
144 days ago
They are wasting tens of billions on something that has no business value currently, and may well never, just because of FOMO. That's not what I would call an investment.
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charcircuit
144 days ago
Many investments may lose money, but the EV here is positive due to the extreme utility that AI can and is bringing.
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bandrami
144 days ago
They are washing 10s of billions of dollars an an industry-wide attempt to keep the music playing
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