• iAvicenna@lemmy.worldM
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    27 days ago

    but it is true that big tech companies are pouring disproportionately large sums of money into AI that seems like it is doing creative stuff so that they can ride the AI hype wave.

    • afraid_of_zombies@lemmy.world
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      26 days ago

      Oh no big companies are spending money instead of using it to buy back their own stock, giving bonuses to the c-suite, or just hoarding it. And they are spending it on projects that are total moon shots that might take a decade or more to pay off.

      This is terrible. And not at all what people have been yelling at tech companies for doing since about 2002.

      I expect my tech companies to only invest in proven technology and engage in the shortest possible shortterm thinking.