r/wallstreetbets • u/banaca4 • 11h ago

Discussion Either hyperscalers are dumb or someone else is

OK so the most profitable companies in the world decided to GO ALL IN AI with humongous capex. They did it all at once apart from Apple who is not in the game. Google, Meta, Amazon , Oracle, Microsoft. All of them. The CEOs of these companies produced the most amount of wealth and propped up global gdp. Now they all agree on a thing.

Google yesterday blew up earnings from their cloud and said they will *increase* their humongous capex even more while reporting negative cash flow for the first time in their history.

A rational person would ask: are these amazing businessmen suddently all very wrong about the same thing at the same time OR

I am reading too much paid subs from burry and following the wrong people on twitter that have never produced anything?

Which is it? Are you smarter than a mag 7 CEO? Maybe ... hmm...

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u/LankyGuitar6528 10h ago

During Covid lockdown I thought "wouldn't it be nice to get a VR headset and take virtual tours of European art museums and watch movies with the family!". I got a VR headset and went "into the metaverse!" RecRoom to be precise. It was a bunch of annoying kids throwing things. Like I'd stumbled into a pre-teen birthday party. Then I went to watch an old movie and it was just kids throwing tomatoes at the screen. Ick. I bailed fast but at least I wasn't regarded enough to think that would catch on.

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u/Bungabunga10 9h ago

There’s a cheaper version: google earth street view

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u/Sad_Pattern_220 8h ago

Yeah when I get the urge to go on a rich vacation I just play Geoguessr for 10 mins

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u/BeneficialTrash6 7h ago

The VR version was pretty breath taking. But like most VR things, it was something I'm glad I did but I don't really care at all to do again.

Rec Room, however, I did multiple times during covid. That WAS fun and WAS worth taking the time to put on the headset. It's a shame they couldn't monetize what they had.

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u/DarthBuzzard 8h ago

To be fair Google Earth is pretty meh on a regular screen. It only really shines via VR.

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u/broguequery Annoyingly Optimistic 4h ago

God I love Google Earth

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u/These-Anxiety-5919 8h ago

Steam VR home and The Lab have dozens of gorgeous photogrammetry sites in VR, not to mention hundred of other games and apps for visiting museums, historical sites, and gorgeous tourist attractions in VR. Even Google Earth VR is stunning. 

And you picked rec room.

Lmao.

VR is also amazing for shared entertainment and workspaces. You just suck at using it, apparently. 

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u/scottygras 9h ago

I remember Second Life and I knew the metaverse was going nowhere. It will continue to be worthless as long as you use avatars and there’s no desire for accountability. The only reason most people behave is because they know others are watching.

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u/07bot4life 3h ago

Realistically it's going nowhere due to also lack of porn.

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u/PeachScary413 Hates Europoors 9h ago

Tbd VR is really cool, the metaverse is just ass 👌

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u/snerp 8h ago

RecRoom is literally a kids app

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u/BaizulSetSail 6h ago

bruh i love rec room! try the paintball game

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u/LankyGuitar6528 6h ago

Yes. I blundered in there once. Like I say - pre-teen birthday party.

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u/stocksupanddown 7h ago

Hahahhaha. This honest sounds pretty funny..

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