posted in Technology

AI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates it

fortune.com/2026/07/23/ai-big-tech-never-spend-more-than-earns-wall-street-hates-it/
Alphabet Inc. and Google CEO Sundar Pichai speaks during the inauguration of a Google Artificial Intelligence (AI) hub in Paris on February 15, 2024. (FortuneAI is forcing Big Tech to do something it's never done: Spend more than it earns, and Wall Street hates it | FortuneThe Mag7 had its worst day Thursday since the tariff-driven selloff last April.

Replying to @⁨Eyekaytee@aussie.zone⁩

Just took a quick look at your comment history because this one gave me deja vu.

I don’t think you’re a bot or anything, but I’m intrigued. Genuinely, what’s your motivation? If you’re so satisfied and confident with AI why not just go and enjoy the many fulfilling hobbies and the rewarding technical job that you brag about? If I had invested in google early on like you claim this situation is identical to, I’d be super chilled out about it instead of preemptively gloating and proclaiming that I was “obviously correct”.

It’s been a remarkable thing to be threatened, for years now, to be “left behind” by people who never seem to be able to leave. Really, why not just go? What’s holding you back? Is your super useful weather app not raking in enough money? Can’t you easily make like ten apps a day? Nobody’s ever been able to explain to me where all this supposed “obvious” usefulness is actually being applied. You all just appear to be totally stuck in the mud

Replying to @⁨Carnelian@lemmy.world⁩

nah you’re overthinking it

im just bored of anti-ai, anti-musk, anti-america topics

basically asking lemmy to get a hobby, lets try and fill out some of the other comms not concerned with politics but it comes out as ha ha <ai/musk/america/cars/etc> bad

at least it looks like lemmy has moved on from israel/palestine at least

en