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Zuckerberg Caught in Revealing Hot Mic Moment During White House Dinner

(www.pcmag.com)
165 points atombender | 1 comments | 06 Sep 25 16:38 UTC | HN request time: 0.286s | source
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randomname4325 ◴[06 Sep 25 16:58 UTC] No.45150933[source]▶
This is wild. Meta, OpenAI, MSFT, Nvidia are collectively keeping the AI trade alive, which is propping up the stock market and overall perception of the economy. This admission makes it clear that the AI spends are being made up not based on business value/demand...
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1. mettamage ◴[06 Sep 25 17:25 UTC] No.45151176[source]▶
But how does it keep that alive? Wouldn't it mean that the marginal utility of each dollar spend would go lower? They are already spending as much as they can and believe is needed since they are diehard AI bulls themselves. If they saw a need to spend 600 billion dollars themselves through 2028, they'd have already done it.