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> This admission makes it clear that the AI spends are being made up not based on business value/demand...

Well, isn't that okay? All the companies are racing to capture a nascent market. It would make sense to spend beyond current demand and even projected 5Y demand if it gives you a larger share of a market that might last 20+ years





IMHO, this indicates to me that these numbers are more like a marketing exercise.

The problem with corruption at high level is that it forces everything down the chain to be also corrupt even if they don't want to.

I think presidential power must be limited, and ways to limit sycophants in government needs to be introduced. May be sometime in the future...


When you are having dinner with the emperor, of course it's just good marketing to say he's wearing clothes



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