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2 Aug 2026 00:12
The Washington Post looks at giant tech companies "feeding every available dollar into the cash-incinerating maw of AI machines." They warn "Tech superstars that once had oodles of cash left over at the end of each year are now flipping into the red" [While optimists expect] huge corporate profits and a society-wide boost to wealth and well-being questions about that AI vision are now growing more urgent: When, if ever, will this payoff arrive? And what will the fallout be for Am...
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