In reply to
@MichaelTBacon @alienghic @cwebber I read the Ed Zitron piece with some interest but it's weakly sourced and light on actual analysis (though it has a lot of links). I think he is right that AI companies are spending eye watering amounts of cash but misunderstands why or what will likely happen when the game of musical chairs stops. Massive layoffs, other financial carnage, yes, but the insiders will still be rich and maintain control of the post-restructuring profits. Corrupt.
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