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joe_mamba 5 hours ago

> My experience in American organizations is that products and services need to not just make money, but make a lot of money.There is zero appetite for things that make a little bit of money relative to the cash cows of the company.

Is your experience in the same America where Meta is losing another 4-6 billion $ this year in AR/VR business unit, after losing 19 billion $ last year. Similar with Google's and Apple's AR/VR unit which also consume a lot of money in R&D(funding a lot of high paying jobs) and not make any money, yet.

So sure, there's no risk appetite for things that make little money, except for all the evidence proving the contrary.

etempleton 5 hours ago | parent [-]

There is zero appetite for things that make a little bit of money, but in big tech there is limitless appetite for things that lose money but might make a lot of money one day.

If it ends up AI only makes a little profit annually in the longer term the whole thing collapses on itself.

joe_mamba 5 hours ago | parent [-]

>There is zero appetite for things that make a little bit of money

Because "making little money" is a commodity business activity, overrun with competition from Europe and Asia.

So why would you ever want to compete in the race to the bottom of "little money" when you have the highest labor cost in the world? It makes no business sense.

You go into "all or nothing" moonshots because Europe and Asia can't compete there. Especially when you have the world reserve currency as the infinite money glitch cheat code (while it lasts).