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"Lost" is a strange word to use in this context. Its an investment. An investment is only a loss if its written off because the company decided that the whole p
by nologic01 3y ago
"Lost" is a strange word to use in this context. Its an investment. An investment is only a loss if its written off because the company decided that the whole project and direction is a dead end. That does not seem to be the case (at least not yet).
In any case what is really interesting to ponder reading this piece of news is the gross imbalance of resources in the tech industry and how capriciously they are spent. Imagine spending that kind of money on practically any tech subdomain and it would be transformative. E.g., You could build a completely new mobile operating system. Or you could build an entire new AI/ML oriented language ecosystem and have some spare change.
The flip side (in the scenario where the VR hype does eventually get traction) is the enormous moat created.
- chrishare 3y agoYes, that's right, an investment. Am awful investment, that's all (unless it works).