return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 5 days agoThe U.S. just pledged hundreds of billions to protect its AI leadership. A Chinese startup with a ‘joke of a budget‘ may have already undercut those hopesfortune.comexternal-linkmessage-square82fedilinkarrow-up1517file-text
arrow-up1517external-linkThe U.S. just pledged hundreds of billions to protect its AI leadership. A Chinese startup with a ‘joke of a budget‘ may have already undercut those hopesfortune.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 5 days agomessage-square82fedilinkfile-text
minus-squareadarza@lemmy.calinkfedilinkEnglisharrow-up162·5 days agomost of that ‘hundreds of billions’ isn’t going to go towards the tech or infrastructure, it’s gonna go to people. a very small number of specific individuals.
minus-squarefine_sandy_bottom@discuss.tchncs.delinkfedilinkEnglisharrow-up7·4 days agoWell, I suspect that most of the money will be used to acquire or costume natural resources, like water and power. Individuals become enriched because their share holdings are worth more.
most of that ‘hundreds of billions’ isn’t going to go towards the tech or infrastructure, it’s gonna go to people. a very small number of specific individuals.
Well, I suspect that most of the money will be used to acquire or costume natural resources, like water and power.
Individuals become enriched because their share holdings are worth more.