Does US AI Depend on Big Companies Throwing Money in the Toilet? The Chinese Competition
By
Dean Baker
8d ago
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Radio FreeDoes US AI Depend on Big Companies Throwing Money in the Toilet? The Chinese Competitionradiofree.orgHere are the price-to-earnings ratios as of Friday, June 19. At 37.16, the average increased slightly over last week. Most of us tend to think that the people controlling billions, or even hundreds of billions of dollars, at major corporations have a pretty good idea of what they are doing with their companies’ money. But More The post Does US AI Depend on Big Companies Throwing Money in the Toilet? The Chinese Competition appeared first on CounterPunch.org .
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