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Mark Zuckerberg's Pivot to AI Is Blowing Up in His Face Spectacularly (futurism.com)
submitted 3 months ago by to c/technology@lemmy.world
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[–] 10 points 3 months ago (3 children)

They are all going into debt over datacenters. Google issued new shares... how? why? They all make so much money and still they can't cashflow this expansion.

What blood will there be to take?

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  • [–] 4 points 3 months ago (2 children)

    It’s all saturated and nobody really needs anything new anymore. There’s nowhere to go. We should expect to see some of these firms suddenly collapse like Silicon Valley Bank did.

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  • [–] 6 points 3 months ago (1 child)

    Cynically though... they've been peddling nothing for two decades now. Big data, the cloud, SAAS, web 3.0, metaverse, nfts, llms, there's always a new nothing born.

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