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[–] 54 points 8 months ago (5 children)

Even the subtitle hints that the headline isn't what you might think it is:

They're worried they're not spending enough on AI.

These people are looking at the massive AI black hole and guessing they aren't spending enough on it.

But whether pouring even more money into AI will suddenly turn the tech into a money maker — and not a major expense on the balance sheet — remains the subject of a heated debate.

Only for the idiots in the C-suite who play so nonchalantly with the lives and money of others.

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  • [–] 12 points 8 months ago (3 children)

    Where the hell are the shareholders… they need to step in and tell them to stop the bleeding

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  • [–] 9 points 8 months ago (1 child)

    They're the ones demanding even more money go into AI.

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  • [–] 6 points 8 months ago*

    Because the "shareholders" actually voting aren't the shareholders, they're the same inbred circle of investment firm board members that also hold stock in NVIDIA and the LLM companies.

    You compare the total shares held and you've got 90% of the shareholders just trusting that those morons won't crash the economy again.

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  • [–] 1 point 8 months ago*

    Where the hell are the shareholders…

    Anecdote data point: I sold all of my stock in the top tech companies some time ago, when they went on layoff binges.

    I'm guessing all shareholders with braincells to rub together are already out of the picture, for these clowns.

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