Attention Economy


Friday, February 7, 2025

Big Tech’s Risky Bet

Tech Giants Double Down on Their Massive AI Spending
https://www.wsj.com/tech/ai/tech-giants-double-down-on-their-massive-ai-spending-b3040b33
Amazon, Google, Microsoft and Meta pour billions into artificial intelligence, undeterred by DeepSeek’s rise.
 
Is Artificial Intelligence Really Worth the Hype?
https://www.nytimes.com/2025/02/07/business/ai-deepseek-nvidia-tesla.html
After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic value of the technology. 

What You Should Do About the Stock Market’s Giant Problem
https://www.wsj.com/finance/investing/what-you-should-do-about-the-stock-markets-giant-problem-f4ca338e
More than half the S&P 500’s return last year came from just seven companies. That’s a concern—but not for the reason that market commentators claim.


Paul Krugman's Take: