Big tech has spent $155bn on AI this year. It’s about to spend hundreds of billions more https://www.theguardian.com/technology/2025/aug/02/big-tech-...

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spixy a day ago | parent | next [-]

Wow. That money would repay all public debt of my country (Czechia). Or rebuild a third of Ukraine.

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gonyanghn 2 days ago | parent | prev | next [-]

Should have just hired a korean cook instead of spending billions of dollars to hire some AI dude to come up with an app to narrate a korean recipe.

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kaycey2022 2 days ago | parent | prev | next [-]

Maybe it's a 5D chess move to generate investor pressure on them to not spend that much.

	▲	nostrademons 2 days ago \| parent [-]
		Nah, more like a 1D chess move. Investors will pay them to invest in AI, so invest in AI, make the stock go up, sell, and leave the dumb investors holding the bag. 2D chess if they're smart: start a new company that competes with the one they just sold to dumb investors. Jack Dorsey is particularly fond of this move.

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Lu2025 2 days ago | parent | prev [-]

They classify a lot of it as R&D and write it off taxes. Taxpayers foot the bill.

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AdieuToLogic 2 days ago | parent | next [-]

> They classify a lot of it as R&D and write it off taxes. Taxpayers foot the bill.

Taxpayers do not "foot the bill" for corporations reducing their tax obligations via "write-offs".

See: https://accountinginsights.org/what-does-write-it-off-mean-f...

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trenchpilgrim 2 days ago | parent | prev | next [-]

"That's not a write off!" https://www.youtube.com/watch?v=aCP27_vquxQ

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anonymars 2 days ago | parent [-]

Obligatory -- "You don't even know what a write-off is. Do you?"

https://youtu.be/XEL65gywwHQ

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lcnPylGDnU4H9OF a day ago | parent [-]

Something I like about that scene is Seinfeld (the actor) clearly struggles not to smile at Kramer's delivery of the punch line despite that he (the character) was supposed to be irate with Kramer.

	▲	anonymars a day ago \| parent [-]
		Heh. Well, Kramer himself...was often less amused... Thread/video: https://old.reddit.com/r/television/comments/7lvvg5/michael_... Probably that's why it feels like half the actual episode takes were like that, because they couldn't keep from breaking!

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gruez 2 days ago | parent | prev [-]

If you're taking about the R&D provisions in the OBBBA, that only changes the schedule of the deduction (immediately vs over several years). R&D, like most business expenses were was always deductible. Whether it's prudent or not isn't a factor.