The sunsetting of research tax breaks would explain why they threw everything into this.
They also view labor as a replaceable cost, as most accountant based companies that no longer innovate act. They forget that if you don't hire people, and pay people, you don't have any sales demand and this grows worse as the overall concentration or intensity of money in few hands grows. Most AI companies are funded on extreme leverage from banks that are money-printing and this coincided with 2020 where the deposit requirements were set to 0% effectively removing fractional banking as a system.
They also view labor as a replaceable cost, as most accountant based companies that no longer innovate act. They forget that if you don't hire people, and pay people, you don't have any sales demand and this grows worse as the overall concentration or intensity of money in few hands grows. Most AI companies are funded on extreme leverage from banks that are money-printing and this coincided with 2020 where the deposit requirements were set to 0% effectively removing fractional banking as a system.