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webnrrd2k 2 days ago [-]
Because they switched from building useful stuff to building high stock values.
black_13 2 days ago [-]
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tonglingxujianx 1 days ago [-]
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simianwords 2 days ago [-]
It’s literally not true though. Big tech built AI which is probably the most important technology since internet
There’s this popular misconception that companies only chase stock valuation but it doesn’t look true.
pjmlp 1 days ago [-]
For their stock holders, and upper management it definitely is, all the automation that AI will deliver to get rid of those pesky workers with their demands, vacations, sick days, bathroom breaks, protests for better work conditions,....
adjejmxbdjdn 1 days ago [-]
Even if we count AI, how’s that Big Tech?
Google and Meta are the only Big Tech companies that even have a presence in AI and it’s being led by Anthropic and OpenAI, neither of which were Big Tech.
simianwords 22 hours ago [-]
The article clearly counts AI as big tech. It’s clear you didn’t even read it..
There’s this popular misconception that companies only chase stock valuation but it doesn’t look true.
Google and Meta are the only Big Tech companies that even have a presence in AI and it’s being led by Anthropic and OpenAI, neither of which were Big Tech.