I don’t understand why tech companies are investing so much in AI. Are there any industries that show real promise in terms of revenue or power?
From my perspective it all just seems a bit “kind of useful”, not justifying the expense.
I don’t understand why tech companies are investing so much in AI. Are there any industries that show real promise in terms of revenue or power?
From my perspective it all just seems a bit “kind of useful”, not justifying the expense.
Tech companies like MS, Meta, Google and Amazon bought a lot if the infrastructure for the internet over the years. In order to monetize this, they need people and companies to generate data traffic. Before they were pushing stuff like block chain and cloud services, AI is the next thing they’re focussing on. At the same time there’s the pumping around of investments like between NVidia, OpenAI and Oracle to artificially inflate stock value. So, in short, it’s all about hoarding money.
They own infinite shovels and are too incompetent to figure out what use digging holes is to people.