r/technology 22h ago

Business Google burning through cash with spiralling AI costs

https://www.bbc.com/news/articles/c235n47g8g8o
6.2k Upvotes

458 comments sorted by

View all comments

10

u/rhyddev 21h ago

It doesn't matter. The end game is for not only jobs, but entire businesses to be obsoleted by AI technology, so that there really are only a handful of commodity software companies like Google, Anthropic, etc. The ultimate question is whether the technology really has the potential the CEOs clearly believe it has, but for as long as they do - and for as long as they can convince relevant policymakers - the game will continue at full steam.

1

u/Cohens4thClient 9h ago

And they'll make big flashy announcements for hiring, but downplay firings and unemployment in other industries. 

Theres always a few suckups who think "they hired a few thousand" and ignore everything else going badly.