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This ignores how much the stock has grown due to AI. Also many of these companies like Amazon, Google, and Meta drive a lot of incremental value due to both AI
by charcircuit 5mo ago
This ignores how much the stock has grown due to AI.
Also many of these companies like Amazon, Google, and Meta drive a lot of incremental value due to both AI powered content suggestion and AI powered ad suggestion. Personalized ads has driven a ton of revenue.
- abathologist 5mo agoGood point. We mustn't forget the magical money box: that's where the real value is delivered!
- charcircuit 5mo agoIf you can spend $1 to raise the value of your company by $2 it makes sense to do regardless of if that $1 is directly earning a profit.