• zbyte64@awful.systems
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    7 days ago

    Didn’t we say the same about Twitter being bought? Running it at a loss is okay for them as long as they use it to control the markets in other ways to make a profit.

    • Modern_medicine_isnt@lemmy.world
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      7 days ago

      The amount of loss here is magnitudes larger. And the difference is that companies like twitter and amazon ran at a loss while they poured money into infrastructure that they get to keep, and use. AI companies are spending most of the money on consumables. Depending on which, they will have some server assets and such. But when the bubble bursts, those wll be worth a lot less as everyone will be trying to offload them. Also, twitter wasn’t riding a bubble.