sanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 day agoAI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates itfortune.comexternal-linkmessage-square45fedilinkarrow-up1167arrow-down117
arrow-up1150arrow-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 · 1 day agomessage-square45fedilink
minus-squarewhyrat@lemmy.worldlinkfedilinkEnglisharrow-up72arrow-down2·edit-220 hours agoSomething it’s never done? Tech is notorious for spending more than it earns. See: the Dot Com bubble.
minus-squaremsage@programming.devlinkfedilinkEnglisharrow-up3·11 hours agoEvery ‘disruptive’ technology in the past decade as well.
minus-squareCosmoNova@lemmy.worldlinkfedilinkEnglisharrow-up6·14 hours agoIt‘s how virtually every startup in Silicon Valley still operates. Bait and Switch is the business model of the 21st century.
minus-squareGreenKnight23@lemmy.worldlinkfedilinkEnglisharrow-up10·20 hours 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.
Every ‘disruptive’ technology in the past decade as well.
It‘s how virtually every startup in Silicon Valley still operates. Bait and Switch is the business model of the 21st century.
that was 30 years ago. for the last 20 years tech has had blank cheques thrown at them.