however, thats true across the entire u.s. market. you’re confusing things. it’s not at all spectacular that they spent this much ^ on AI. its happening in every business. its actually the mag 7 (the regular biggest u.s. companies- facebook/meta, tesla, apple, google, microsoft, nvidia, amazon) who spent the most on it, (ai stuff), by far. palantir could be considered a close 8th or 9th. anyway, the funny thing about it is, most people in the stock market and in the know are worried that the whole thing, and i mean the whole thing is overspending, and that there might be a sort of whiplash if they cant fulfill their projections (spending is mostly just on capacity- spending for more huge data centers, just thinking that ai use will multiply and multiply) . anyway- if its anything though like the last thing you could compare this to, which is when good internet infrastructure was first being laid down, fiber optic & stuff, in one of the earlier internet spending rushes- it was overbuilt at first, but then, everyone did find a use for it and it makes up the basic backbone we still use today.

fucking reddit

reddit banned me, so i upvoted this post