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btilly
18 days ago
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Formalizing Fermat's Last Theorem
Amazon didn't make a profit because they were reinvesting money into starting new lines of business.
Basically there was a choice between taking the money, and growing. They chose growth.
chpatrick
18 days ago
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As opposed to...?
drchickensalad
18 days ago
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Spending all your money on extremely quickly depreciating graphics hardware and model training
chpatrick
18 days ago
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root
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And model training isn't putting money back into the business?
GPerson
18 days ago
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root
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It’s not clear. It looks like model training may have a lot to do with uplifting their Chinese competitors whom seem so terrifying to them.
btilly
18 days ago
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As opposed to building a bigger bank account, or paying dividends.
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Basically there was a choice between taking the money, and growing. They chose growth.