(Bloomberg) -- Microsoft Corp. is at the intersection of two troubling trends roiling the technology sector, which has the stock on track for its worst quarterly performance since the global financial crisis two decades ago.First, the software giant is doubling down on capital expenditures as Wall Street increasingly asks when investments in artificial intelligence infrastructure will produce more dramatic payoffs in revenue growth. And second, investors are selling software stocks over fears th
Investors got in a trap where they have spent money in a product that not much people can even afford, first of all. And most of people cannot even afford it because of, instead of investing money in needed spheres of life like healthcare, they have invested these money in product, that is not essential for most people.
On one hand, investors want us to put money into this insane Ai parlor trick shit that no one uses.
On the other hand, there’s no middle class and no one to sell anything we make to even if we weren’t just ticking off investor wish-lists
and on our third hand, we stopped making things!
Investors got in a trap where they have spent money in a product that not much people can even afford, first of all. And most of people cannot even afford it because of, instead of investing money in needed spheres of life like healthcare, they have invested these money in product, that is not essential for most people.