sanitation@lemmy.today to Technology@lemmy.worldEnglish · 7 days agoAI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates itfortune.comexternal-linkmessage-square55linkfedilinkarrow-up1202arrow-down119
arrow-up1183arrow-down1external-linkAI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates itfortune.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 7 days agomessage-square55linkfedilink
minus-squarepartofthevoice@lemmy.ziplinkfedilinkEnglisharrow-up12·7 days agoWell, I’ve learned to think of these things as wealth transfers — is that fair in this context.? Question is, where’s all the money going that big tech is loosing? To power companies, or is more complex than that?
minus-squarefodor@lemmy.ziplinkfedilinkEnglisharrow-up12·7 days agoRemember, the execs are bonusing themselves. They are all getting filthy rich right now. (And like all scams, they don’t care about efficiency.)
minus-squareVictoria@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up3·7 days agoIt’s going in a circle, eventually ending up at nvidia and co.
minus-squarereksas@sopuli.xyzlinkfedilinkEnglisharrow-up4·7 days agoalso effectively wasting planets resources
Well, I’ve learned to think of these things as wealth transfers — is that fair in this context.? Question is, where’s all the money going that big tech is loosing? To power companies, or is more complex than that?
Remember, the execs are bonusing themselves. They are all getting filthy rich right now.
(And like all scams, they don’t care about efficiency.)
It’s going in a circle, eventually ending up at nvidia and co.
also effectively wasting planets resources