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Mark Zuckerberg’s Pivot to AI Is Blowing Up in His Face Spectacularly (finance.yahoo.com)
submitted 1 month ago by to c/billionaire@lemmy.ca
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[–] 44 points 1 month ago (11 children)

How many more times can he afford to sink hundreds of billions for zero results?

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  • [–] 20 points 1 month ago (8 children)

    That's how much money Meta still makes. It should be one of the most profitable companies on the planet but Zuckerbot keeps setting its cash on fire over the stupidest ideas.

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  • [+] -6 points 1 month ago (5 children)

    That's what's so crazy... the dude has all that money, yet he's done nothing useful with it. Say what you will about Musk and Bezos, but at least they have used their money to help build rockets and advance our space flight technologies. Zuck just seems to have any vision other than grasping at whatever the current shiny thing is.

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  • [–] 8 points 1 month ago* (last edited 1 month ago) (1 child)

    ok thank you for the invitation, i will say some things about musk.

    elon musk promised to build the city of memphis a waste water treatment plant for water to cool his grok. grok consumes 1.5 million gallons a day of drinking water from the memphis sands aquifer. that’s water for drinking.

    musk halted the construction of the water treatment plant with no explanation. now he’s pulling drinking water from an aquifer, using it and dumping it in the mississippi river. for cooling grok, the racist pedo ai.

    he’s also a dick to his daughter, his social media platform is a cesspool of a nazi rally, and his design for an electric truck is so bad he had to get on of his own businesses to buy them.

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  • [–] 3 points 1 month ago (2 children)

    Yeah cause AI and rockets are the best for humanities future.

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  • [–] 2 points 1 month ago

    Many many times unfortunately. Although even these companies (Meta, Microslop and Google) are beginning to experience serious and unprecedented problems with their cash flow, their credit ratings are still extremely high.

    So they will borrow to keep investing in AI. And that can continue for a long time. Until it can't anymore.

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