I wouldn't characterize it as "betting against AI" at all, but there are tons of tech companies (perhaps a majority? I don't know, but it's a least a very large

I wouldn't characterize it as "betting against AI" at all, but there are tons of tech companies (perhaps a majority? I don't know, but it's a least a very large percentage) who aren't investing anything significant into genAI at this point. It's more "waiting and seeing" than "betting against".