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RSS BotBM to Hacker NewsEnglish · 1 year ago

Powell – unlike the dotcom boom, AI spending isn't a bubble

fortune.com

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Powell – unlike the dotcom boom, AI spending isn't a bubble

fortune.com

RSS BotBM to Hacker NewsEnglish · 1 year ago
message-square
22
link
fedilink
  • cross-posted to:
  • usa@lemmy.ml
Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’ | Fortune
fortune.com
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However, the Fed chair noted that the growth is unevenly distributed and concentrated among only a few companies.

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  • TropicalDingdong@lemmy.world
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    1 year ago

    “It’s that for 15,000 years fraud and short-sighted thinking have never, ever worked. Not once. Eventually, people get caught, things go south. When the hell did we forget all that?”

    • ikidd@lemmy.world
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      1 year ago

      This should be at the top.

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