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Why investors don’t mind that AI is a money pit
AI investment is massive, but AI profits are not. Here’s why investors are still optimistic.
And if you want a sneak peek, be sure to check out Command Line, my weekly newsletter about the tech industry’s inside conversation. That is, of course, artificial intelligence and, specifically, the idea that one day soon big companies across all kinds of industries will be spending hundreds of billions of dollars on AI products. We’ve heard endless hype from CEOs here on Decoder about what this technology is supposed to do and why this investment is justified.
Or read this on The Verge