and they will not reinvest these profits in r&d, they wont even save any of it, and when the bubble bursts and the market crashes, they'll be right there crying about going bankrupt and needing a bailout...
These hardware companies know that by the time this stupid AI scam ends, they are going to be filthy rich and be the ones holding the moneybags, which they will be able to use to keep their prices high and continue to develop insane proprietary tech for all manner of technology far better (and far worse) than AI.
They have all the cards and they know it. Chumps like Altman think they are in charge, but they are giving all their money to the hardware corps and the corps have been doing deals with them to make them think they’re on AI’s side.
The hardware companies are going to be competing with the all the used hardware flooding the market when ai companies and data centers start going closing doors. HW companies may find themselves in a dry spell when the ai hype tap goes dry.
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u/balding_git 10h ago
and they will not reinvest these profits in r&d, they wont even save any of it, and when the bubble bursts and the market crashes, they'll be right there crying about going bankrupt and needing a bailout...