while over-investing is “merely expensive.”
(Wait, let’s keep it as one sentence: “According to Hooper, big tech companies now view under-investing in AI as an “existential risk,” while over-investing is “merely expensive.””)
It is a simple calculus: spend too much and you lose some margin; spend too little and you cease to exist.
We doubt any of these CEOs want to explain to their boards why they got left behind because they wanted to save a few billion USD on data centers.
Following the announcement, Alphabet shares dipped about 1 percent in after-hours trading.
Trust Post Desk
A journalist and editor at TrustPost.org covering world and national news, technology updates and human-interest stories. They check every fact, interview sources in person or online, and aim to deliver clear, accurate reporting. Their work ranges from breaking news to in-depth features and daily newsletters. Outside the newsroom, they follow emerging trends and engage with readers on social media.