They aren’t “forced” to do anything. They are choosing to throw money down a black hole.
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Something it's never done? Tech is notorious for spending more than it earns. See: the Dot Com bubble.
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Never done
Except they did it for decades in some cases
I thought Big Tech loved burning money.
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It’s fucking bandwagoning. That’s it. That’s all this is. I hope the market destroys them for it.
Wall Street spent years demanding AI investment, then panicked when AI investment showed up on the balance sheet: If Alphabet keeps printing record profits while building the infrastructure for the next decade, this may end up looking more like impatience than prudence. The market loves growth, until it has to pay for it.
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Lol big tech loves speculating. It's a bubble, and if not now, when? ... Delivering real products is such a pain in the ass.
Turns out it's hard to make money if you don't sell infinite free copies of a product that you only have to produce once.
It will be interesting how this plays out. The only bright spot of the bullshit Trump economy is Wall Street's success and AI investing is what is driving that.
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Only thing they are forced to do is benefit the shareholders.
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False
Never use words like “never” and “always” because things are not always that absolute.
Unless you’re talking about death cause that MFr ain’t never waking up.
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