There is a reason financial markets are leery of companies that invest big in technologies that won't pay off for years: they might not pay off at all. Technology changes quickly and companies can be fickle in their pursuit of the Next Big Thing.
The payoff for it remains as elusive as ever and may not ever arrive. That's not likely to happen with AI. It's more likely that the bigger the bet, the bigger the payoff.
AI already has brought in significant amounts of revenue... Microsoft CEO Satya Nadella mentioned that Microsoft could have sold more AI services this quarter if their data centers had the capacity to supply it.
Virtual reality, after all, has never brought in truly significant amounts of revenue, highlighting that while AI is still in its infancy, it is already proving to be a money-maker.
Collection
[
|
...
]