sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 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-square55fedilinkarrow-up1209arrow-down120
arrow-up1189arrow-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 · 2 days agomessage-square55fedilink
minus-squarewhyrat@lemmy.worldlinkfedilinkEnglisharrow-up95arrow-down2·edit-22 days agoSomething it’s never done? Tech is notorious for spending more than it earns. See: the Dot Com bubble.
minus-squareCosmoNova@lemmy.worldlinkfedilinkEnglisharrow-up15·2 days agoIt‘s how virtually every startup in Silicon Valley still operates. Bait and Switch is the business model of the 21st century.
minus-squaremsage@programming.devlinkfedilinkEnglisharrow-up8·2 days agoEvery ‘disruptive’ technology in the past decade as well.
minus-squareGreenKnight23@lemmy.worldlinkfedilinkEnglisharrow-up12·2 days agothat was 30 years ago. for the last 20 years tech has had blank cheques thrown at them.
Something it’s never done? Tech is notorious for spending more than it earns. See: the Dot Com bubble.
It‘s how virtually every startup in Silicon Valley still operates. Bait and Switch is the business model of the 21st century.
Every ‘disruptive’ technology in the past decade as well.
that was 30 years ago. for the last 20 years tech has had blank cheques thrown at them.