i would feel empathy, but i’ve been told by Big Tech that empathy is toxic so instead i will only feel schadenfreude

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Wall Street braced for another steep day of losses Friday, with stocks falling after the latest earnings from Big Tech reignited concerns that the massive spending on AI may not deliver the returns that investors expect. https://cnn.it/3WgynIR

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The next Great Depression may be caused by a product the public actively told the tech industry that they did not want.

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The interesting thing is that for both Intel and Google the reason for the sell off was mostly the same: chasing the "AI" bubble has led to cannibalizing their core businesses. For Google, it's ads; for Intel, it's PC sales. And investors rightly noped the fuck out.

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Some people have held on to their Google stock for decades. If enough people are selling their stake in fucking *Google* that half a trillion dollars disthefuckappears, I dunno, maybe somebody should worry or something.

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