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Big tech has spent $155 billion on AI this year. It’s about to spend hundreds of billions more
(www.theguardian.com)
this post was submitted on 02 Aug 2025
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Those numbers seem odd to me. I feel like the truth is 1 billion was spent on productive programmers and hardware. The small remainder of 154 billion was used to improvise profit growth through totally valid payment to some CEOs ego account.
Nobody seems to have noticed that the business model here is to funnel as much traffic and spend to the big AI corporations as possible with no foreseeable return (except vague nonsense about "productivity gains").
Just wait until someone requires one of these things to make a profit, that's when if you're a corporation that integrated this shit deeply into your business, you'll be covered top to bottom in rug burn from the inevitable rug pull of price increases.