Not simply operating at a loss, absolutely dumping their prices giving away their products for almost nothing to gain market share. They are burning money at an impressive rate, just for some imaginary payoff in the future.
All MBAs and CEOs are like puppies chasing their own tails.
They want the growth because number go up good. They’ll do anything for number go up. And when number go up, they get the good and then they need to focus on next number go up.
They have no long term plan other than number go up. For the next few quarters, they can slap AI on anything and number go up. What happens if AI takes all the non manual labor jobs? Or if it turns out AI is useless and they wasted billions on snake oil? They don’t know, cause they were thinking about number go up right now, not number go up later.
It’s hard to imagine that gaining market share is even meaningful right now. There’s such a profusion of stuff out there. How much does it actually mean if someone is using your product today, I wonder?
Not simply operating at a loss, absolutely dumping their prices giving away their products for almost nothing to gain market share. They are burning money at an impressive rate, just for some imaginary payoff in the future.
A future where we don’t have jobs so the rich can make more money by selling us stuff? But I won’t have money to pay for stuff! Hmmm!
The real reason is they want enough money pumped into AI so someone can automate fascism.
That’s seriously the plan
Fucking clown world
All MBAs and CEOs are like puppies chasing their own tails.
They want the growth because number go up good. They’ll do anything for number go up. And when number go up, they get the good and then they need to focus on next number go up.
They have no long term plan other than number go up. For the next few quarters, they can slap AI on anything and number go up. What happens if AI takes all the non manual labor jobs? Or if it turns out AI is useless and they wasted billions on snake oil? They don’t know, cause they were thinking about number go up right now, not number go up later.
Our economy is a farce.
and so goes the ouroboros of late stage capitalism until we are back to feudalism
It’s hard to imagine that gaining market share is even meaningful right now. There’s such a profusion of stuff out there. How much does it actually mean if someone is using your product today, I wonder?
And, in doing so, they’ve set the market price at that value for the service they advertise, which is more than they deliver already.
When Ai enters the Valley of Discontent, the price it can set for what it actually offers will be even less than it is now.
The same was true for YouTube, in the beginning they operated at a loss, and when people were hooked on the service, they monetized it.
YouTube wasn’t created to make money, it was created to watch the wardrobe malfunction.