Lightwave Logic Inc (LWLG)

[dude abides]

Check what Google and Meta CEO's said yesterday when asked about the disconnect between aggressive AI capex spending and lack of revenue monetization.

Google CEO Sundar Pichal spoke on the earnings call and said "THE RISK OF UNDER INVESTING IS DRAMATICALLY GREATER THAN THE RISK OF OVER INVESTING." Over investing scenarios still leave you with infrastructure that has a "long useful life that you can apply across the business and work through," while NOT investing to be at the frontier has "MORE SIGNIFICANT DOWNSIDE."

Meta CEO Mark Zuckerberg was asked by Bloomberg about Sequoias "AI Bubble" narrative. He believes AI will be very fundamental. If products are able to grow massively over the next few years, which I think there's a vergy good chance of, I'D MUCH RATHER OVER INVEST AND PLAY FOR THAT OUTCOME THAN SAVE MONEY BY DEVELOPING MORE SLOWLY." He acknowledges a meaningful chance a lot of companies are over building now and we'll look back and they've spent some number of billions more than they had to, but they're all making rational decisions because the downside of being behind leaves you out of position for the most important technology over the next 10-15 years, vs over investing you lose some amount of money that's an affordable amount to lose.

CONCLUSION: This is an arms race and non of the hyper scalers want to let the others get ahead.

Sorry for typos I copied this from twitter