The tech giants are investing heavily in AI, with Microsoft and OpenAI proposing a $100 billion supercomputer, while Meta and Google expect to spend upwards of $40 billion and more, respectively, by 2024.
Despite significant investments in AI, companies like OpenAI, Google, Amazon, and Meta are struggling to determine a viable business model, with many considering subscription services to recoup costs.
Microsoft faces lukewarm reception for its paid AI productivity software due to performance and cost issues, raising questions about the sustainability of their AI business strategy.
The biggest tech companies are betting on customer willingness to pay for generative AI, but many potential users are still unclear about the benefits of such tools.
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