Comment by gosub100
14 hours ago
Because "investors" are a large group. Many of them are not involved in the industry and are clueless about tech. Same reason they invest in OpenAI, that hasn't made any money.
Investors, both commercial and individual, often have more money than sense.
Do you think investors as a large group make enormous amounts of money on average?
I didn't say they make it. They have it, like an older person who grew their portfolio over time. They are an example of someone who invests in AI without knowing anything about what it is.
its incorrect - investors and wall street in general _makes_ money on average.