110 billion more pumped into a company with no sustainable business model in sight
https://lemmy.world/post/43655723
I’m an idiot, that goes without saying, but I think that if anything needs another round of investment AND that extra investment is 110 billion of any decently used currency then maybe, just maybe, something is fundamentally wrong with the product in the first place.
However, like I said, I’m an idiot so what do I know.
Their current business model depends on keeping the AI hype going on, so from their perspective it is a good investment.
Hype amongst the public seems to be waning. Look at the woman who recently took over Xbox assuring people it wouldn’t get filled with AI slop. They’re starting to realise people don’t want the shit they’re selling. But it’s not like the markets have any correlation with reality.