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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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It’s the most inefficient technology but praised as the most efficient because it simply runs on investor money. But that well will run dry eventually and who will bear the cost then? Consumers without jobs?
I disagree a bit. Any money the ultra-rich invest into research is better spent than on their next Mega-Yacht. Even if AI cannot meet the expectations of AGI etc.