sanitation@lemmy.today to Technology@lemmy.worldEnglish · 4 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-square57linkfedilinkarrow-up1208arrow-down119
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 · 4 days agomessage-square57linkfedilink
minus-squarewhyrat@lemmy.worldlinkfedilinkEnglisharrow-up90arrow-down2·edit-24 days agoSomething it’s never done? Tech is notorious for spending more than it earns. See: the Dot Com bubble.
minus-squareCosmoNova@lemmy.worldlinkfedilinkEnglisharrow-up14·4 days 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-up13·4 days agothat was 30 years ago. for the last 20 years tech has had blank cheques thrown at them.
minus-squaremsage@programming.devlinkfedilinkEnglisharrow-up7·4 days agoEvery ‘disruptive’ technology in the past decade as well.
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.
that was 30 years ago. for the last 20 years tech has had blank cheques thrown at them.
Every ‘disruptive’ technology in the past decade as well.