95% of Companies See 'Zero Return' on $30B Generative AI Spend

This is how America ends up being ahead of the rest of world with every new technology breakthrough. They spend a lot of money, lose a lot of money, take risks, and then end up being too far for others to catch up.

Trying to claim victory against AI/US Companies this early is a dangerous move.

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"Eschew flamebait. Avoid generic tangents."

"Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize."

https://news.ycombinator.com/newsguidelines.html

I have trouble understanding how that guideline applies here. The original article shows how it's possible that we're about to see an AI bubble pop, the parent comment show generic american arrogance[1], and I come up with a historical example of such a mix of hubris and arrogance.

If my comment can be characterized as flamebait, it has to be to a lesser degree than the parent, right?

And I'm not even claiming that the situation applies. If you take the strongest plausible interpretation of my comment, it says that if indeed this whole AI bubble is hubris, if indeed there's a huge fallout, then the leaders of this merry adventure, right now, must feel like Napoleon entering Moscow.

But well, anyways, cheers dang, it's a tough job.

[1]: the strongest possible interpretation of "This is how America ends up being ahead of the rest of world with every new technology breakthrough" is arrogance, right?