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All week, I’ve been warning that A.I. might not be the moneymaker that the current tech hype cycle says it will be.

Investors are now getting wise to the hype cycle and are punishing Microsoft, Google, and Amazon as a result.

If the likes of Microsoft are going to put dramatic expenditures into their data centres – all while saying it’s to ride the A.I. revolution – people want to see results.

Again, I’m not saying that A.I. is a bubble. But with things changing as abruptly as they are today, there is little appetite for high expenditures with the promise of far-off returns.

https://finance.yahoo.com/news/big-tech-fails-convince-wall-083932581.html

RE: https://atomicpoet.org/objects/f1d641e8-878b-491d-8588-48566d819f00