2026-09-27 10:54 UTC
@masek@infosec.exchange Yes, I remember all of those things very well. I do not remember trillions being spent, especially in such a tiny time frame, almost entirely from private equity and other private sources. Furthermore, while losses were great for many of those things, the estimated losses for AI are about 20:1, which again I don't recall ever happening at that rate.
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@masek@infosec.exchange 2026-09-27 10:59
@reflex@retrogaming.social AI is escalating the game, but I have seen hundreds of billions going down the drain. Worldcom alone obliterated ~100 billion US$. Global Crossing did the same for ~50 billion US$. Our memory has the habit of smoothing things over.