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In the US. With how much they've invested in AI they need the entire planet to pay, and pay lots. What's the capex expenditure of Magnificent 7 just this year?
by oblio 2mo ago
In the US. With how much they've invested in AI they need the entire planet to pay, and pay lots.
What's the capex expenditure of Magnificent 7 just this year? Close to $1tn?
- WarmWash 2mo agoThey need it to be roughly as popular as first world cell phone usage for a 5-7yr ROI.
- oblio 2mo ago1. Cell phone usage was never free. 2. Cell phone usage was always localized. You had local telcoms and that was about it. Deutsche Telekom Germany didn't have to compete all the time with NTT Docomo Japan. And there are probably 20 other economic differences I'm missing.
- saghm 2mo agoEveryone uses cell phones. Not everyone has a job where paying this much for these tools would be worthwhile for their employer.
- jrflo 2mo agoYeah, they may be over built for sure, I'm just saying the demand is there.
- oblio 2mo agoDemand for the internet was there but it still took 10+ years and a big economic crash to get there.