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165 points atombender | 1 comments | | HN request time: 0.204s | source
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randomname4325 ◴[] 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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gruez ◴[] No.45151147[source]
>This admission makes it clear that the AI spends are being made up not based on business value/demand...

Because one executive got flustered and gave a random number to Trump, and therefore that's representative of the other 3 companies in the list?

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1. lazide ◴[] No.45151193[source]
I mean, it seems pretty obvious to me as an industry insider.

Having a major exec flat out admit he’s just saying what he things the president wants to hear makes it seem night and day.