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Whatever you want to say about other companies, Amazon (and Meta) is quite willing to spend many years pouring billions into technology they think will pay off
by HWR_14 8mo ago
Whatever you want to say about other companies, Amazon (and Meta) is quite willing to spend many years pouring billions into technology they think will pay off later.
- Ekaros 8mo agoLooking at VR and Meta. They absolutely can be wrong. So even after investing what seems to be enough, there might not be any payoff.
- sdf2df 8mo agoAnd the investors were correct to crush the stock price down to 90-odd dollars. Which finally forced Zuck to face the music. This place is full of bozos.
- HWR_14 8mo agoDid Zuck change because the stock price went down or he was dissatisfied with the lack of progress/adoption?
- HWR_14 8mo agoThere may be no payoff in the end, but it won't be for lack of resources thrown at the problem or investor impatience.