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It’s all worth reading, but this one part stood out for me as nailing one of the problems of genAI. “The money-losingest endeavour in the history of human civilisation”

Contrast this with AI, the money-losingest endeavor in the history of human civilization. Google is losing hundreds of billions of dollars on AI. The more AI Google does, the worse the company's financial footing becomes.

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RevDJEsq@revdjesq.bsky.social

To put this in context, the total market cap of the following is LESS than what Anthropic lost in 6 months: Ford: $44bn Royal Carribean: $77bn Honeywell: $67bn Nike: $56bn Comcast: $78bn Colgate-Palmolive: $75bn Allstate: $63bn