this post was submitted on 24 Jul 2026
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Fuck AI

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AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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Google has reported its financial results for the second quarter of 2026 (PDF), and as usual, the search giant raked in an unfathomable amount of money. Google saw total revenue of $119.8 billion, beating analyst expectations by a comfortable margin. Despite that, the company’s stock has taken a hit. Along with all that revenue, Google has announced a further increase in its AI-fueled capital expenditures (or capex). The company is actually spending so much on AI infrastructure that it has negative cash flow for the first time.

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[–] technocrit@lemmy.dbzer0.com 65 points 6 days ago (4 children)

When I was young and naive, I thought that smart people worked at google... lmao.

[–] Infrapink@thebrainbin.org 25 points 6 days ago (1 children)

Lots of smart people work at Google. They are not included in senior management.

[–] butWhatIfiCan@sh.itjust.works 24 points 6 days ago* (last edited 6 days ago)

Lots of smart people work at ~~Google~~ just about every company. They are not included in senior management.

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