Totally agree but they would have been subsidized for anyone. It was Elon who did it
Reminder: I really hate him
But people saying that anyone could have done what he did IF they were born with money or IF government subsidies could somehow apply to them too. Plenty of born rich people out there who didn’t.
He’s a smart guy. Emotionally a child, sociopath and narcissist. But he actually deserves some credit.
This will definitely cause pause amongst the non-cost sunk companies. They will be wondering what Apple knows.
IMO this signals the lack of clear ROI versus maintenance costs. Silicone Valley is used to funding huge projects like Amazon which took years to choke out the competition and make money. But AI is a new market which is more interesting to investors than people who didn’t want it in their mouse.