AI industry needs to earn $600 billion per year to pay for massive hardware spend — fears of an AI bubble intensify in wake of Sequoia report (www.tomshardware.com)

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[-] [email protected] 1 points 1 week ago* (last edited 1 week ago)

I personally think all those companies have enough cash and revenues (not tied to "AI" pitches) that we don't have to worry about a US recession (with consequences for the the rest of us), but I could be wrong.

But one does wonder what happened to (US) corporate governance laws where such actions can be taken with no worry.

this post was submitted on 06 Jul 2024

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