“If 70% of AI revenues are these two companies, there is no AI industry.”Writer of Where’s Your Ed At and the host of the Better Offline podcast Ed Zitron jo...

Cross posted from https://sh.itjust.works/post/65157881

“If 70% of AI revenues are these two companies, there is no AI industry.”

Writer of Where’s Your Ed At and the host of the Better Offline podcast Ed Zitron joins The Tech Report’s Isaac Pound to talk about the state of the AI industry as it’s revealed that over two thirds of hyperscaler AI revenue is coming from two companies.

  • Buffalox@lemmy.world
    1·
    1 hour ago

    In any sane world that would be game over, but somehow mega investors have decided that they need to double down. Because if only they invest more, the profits will come eventually.

    • maegul (he/they)@lemmy.mlEnglish
      2·
      43 minutes ago

      I mean surely it’s because it’s about buying a part of “the future” and leaving everyone else behind. For such a belief, going all in may be the only option. Which is, of course, kinda death culty.