Does anyone else feels AI companies are running towards self destruction?
AI companies are investing unprecedented amounts of money, driven by a fear of competitors reaching AGI first, rather than proportional returns. This investment strategy, fueled by FOMO and the desire to 'summon the AI God,' deviates from traditional principles of investing according to return. This approach, where benefits are not proportional to spending, is seen by some as a recipe for disaster and self-destruction within the industry.
Time & source
Times shown in UTC
Display time zone: UTC
Local time zone unavailable; showing UTC.
PublishedOffset at this time: UTC+0Oct 24, 2026, 23:08 UTC
IngestedOffset at this time: UTC+0Oct 25, 2026, 00:00 UTC
- Published
- Oct 24, 2026, 23:08
- Ingested
- Oct 25, 2026, 00:00
- Source type
- Dev community
- Tier
- Community
- Source status
- Healthy
Tier is a per-source editorial setting, not a per-item score.
The amount of money AI companies are investing and spending is a staggering and unprecedented amount. The benefits are not proportional to the spending. The reason they are spending so much is a belief that they don't want the 'bad guy' (China, companies other than themselves) to reach AGI first. Every company is thinking the same.
Someone high up at Google even said something along the lines "We rather cease to exist than lose this race". Meanwhile, the average person is fed up with AI hype, and associated problems.
From first principles thinking, and traditional approach is to invest according to return. Invest some money if you see returns invest more, if you don't see returns invest less and so on. This is not the case with AI investment, it is driven by FOMO and summoning the AI God philosophy. It seems like a recipe for upcoming disaster to me.