| ▲ | system2 3 days ago | |
If it is a bubble, why are huge companies like Amazon and Microsoft feeding it? What do they get by doing this nonstop? All I hear is that this is a bubble on the internet, yet big companies are making these huge deals. Don't they see what we, the uspeasants, see with their highly paid finance departments? | ||
| ▲ | jdlshore 3 days ago | parent | next [-] | |
Big companies are made out of people, and those people are just as fallible as everyone else… and more so, in fact. They’re prone to group-think and suppressing bad news. The existence proof is, well, every financial crisis ever. Start with the housing bubble and ask, why did huge banks whose entire job was financial modeling get caught up in it? What makes companies today immune to those same types of decision-making errors? | ||
| ▲ | pfortuny 3 days ago | parent | prev | next [-] | |
It is not a panic if you are the first out… | ||
| ▲ | tacker2000 3 days ago | parent | prev [-] | |
Tbh these juggernauts could survive an AI bubble bursting and pick up the pieces, they are playing with a little bit more than their spare change here. | ||