• circuitfarmer@lemmy.sdf.org
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    6 days ago

    Even the subtitle hints that the headline isn’t what you might think it is:

    They’re worried they’re not spending enough on AI.

    These people are looking at the massive AI black hole and guessing they aren’t spending enough on it.

    But whether pouring even more money into AI will suddenly turn the tech into a money maker — and not a major expense on the balance sheet — remains the subject of a heated debate.

    Only for the idiots in the C-suite who play so nonchalantly with the lives and money of others.

    • Akh@lemmy.world
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      6 days ago

      Where the hell are the shareholders… they need to step in and tell them to stop the bleeding

        • DragonTypeWyvern@midwest.social
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          6 days ago

          Because the “shareholders” actually voting aren’t the shareholders, they’re the same inbred circle of investment firm board members that also hold stock in NVIDIA and the LLM companies.

          You compare the total shares held and you’ve got 90% of the shareholders just trusting that those morons won’t crash the economy again.

      • pinball_wizard@lemmy.zip
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        5 days ago

        Where the hell are the shareholders…

        Anecdote data point: I sold all of my stock in the top tech companies some time ago, when they went on layoff binges.

        I’m guessing all shareholders with braincells to rub together are already out of the picture, for these clowns.

    • Mac@mander.xyz
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      5 days ago

      All of us: “AI IS A FUCKING SCAM”

      ChatGPT: “I’ll make you tons of money, bro. 😎”

      It’s a tough choice. Which would you believe?

  • the_riviera_kid@lemmy.world
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    6 days ago

    It’s pretty obvious you gotta be extra special dumb to be C-suite these days. Even then I’m baffled by how these idiots can’t seem to figure this shit out. AI is nothing but a money pit.

  • ulkesh@piefed.social
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    6 days ago

    “Majority of CEOs, who failed-upward and are clearly guessing all the time, fucked around and found out just how stupid they are”

  • XLE@piefed.social
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    6 days ago

    You are very smart to invest more in AI. Sunk cost isn’t a fallacy — it’s a way of life.