this post was submitted on 30 Oct 2026
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Microsoft and Salesforce both have very positive free cash flow... but in any case that isn't profit. All 4 of the companies I listed are still very profitable (Alphabet/google being the one "exception" where they are still wildly profitable but down from q3 2024 vs q3 2026). But even in the Alphabet and Amazon cases, they have negative free cash flow because they are investing like crazy in AI. This doesnt mean they aren't profitable it means they are using their historic performance to make a big bet on the future. This is fundamentally very different from the frontier lab companies who have never been profitable and are staying afloat mostly from cash injection from big tech (Anthropic is an interesting one that may have just turned the corner).
It's fine to have moral, labor, or environmental objections to "AI" (which is a very stupid name for some specific applications of machine learning) but I would expect Lemmy to have a higher level of discourse around this stuff that is actually rooted in reality.