>losing tens of billions

They are investing 10s of billions.

bigstrat2003 4 hours ago | parent | next [-]

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.

	▲	charcircuit 3 hours ago \| parent [-]
		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 5 hours ago | parent | prev [-]

They are washing 10s of billions of dollars an an industry-wide attempt to keep the music playing