Hey Creators!
They are burning through so much money on AI. I think this is unprecedented.
💸 Big Tech's $400B AI Gamble Enters the "Find Out" Phase
- Tech giants are about to report earnings after burning $400 billion on AI this year. MIT says only 5% of AI projects actually work. The math isn't mathing.
- This week decides if AI is the next internet or the next Pets.com. Spoiler: both can be true simultaneously. (source)
Let’s see where we end up. It’s out of control and there’s no stopping this train. I guess we have to jump on or be rolled over!