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"Now they have AI to protect," you're ultimately talking about corporate leadership being susceptible to the sunk cost fallacy here. But AI investment is a part
by moron4hire 11mo ago
"Now they have AI to protect," you're ultimately talking about corporate leadership being susceptible to the sunk cost fallacy here. But AI investment is a particularly easy sunk cost to get out of compared to real estate. Real estate has lease obligations and moving costs; it will cost you a lot more in the short term to get rid of your real estate. AI you could just stop using and immediately see cost reduction.
- ffsm8 11mo agoThere are trillions invested innit at this point. 50 year lease write off would be peanuts compared to what's been invested with the expectation of payouts
- criley2 11mo agoThe entire American tech industry will implode in a bubble pop if AI doesn't pan out. I argue that real estate was a smaller problem than this AI bubble behemoth they've created. And now everyones retirement is wrapped up in it.