Nobody is forcing Big Tech to do AI. Nobody even wants Big Tech to do AI at the token cost required to make AI even mildly profitable.

Honestly though, if the investor class is what finally pops the AI bubble by simply diversifying away from the big tech LLM circle jerk, I’ll take the win. If FAANG et al loses the monopolistic control they have in so many areas, that’s a HUGE success.

Wall Street hates it? Tech companies have been doing this for years, yet Wall Street keeps giving them more money.

If they hate it they have a strange way of showing it.

Didn't Amazon do exactly that for a decade?

It's also called digging a hole. Then comes trying to dig yourself out. Then collapse