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They're extrapolating from their beliefs which they must hold given the investments they've already made in a fairly immature technology.

They have to believe that AI will lower their staffing costs and start generating serious revenues because to admit otherwise means they have failed to present an honest picture to their investors.

They're extrapolating from their beliefs which they must hold given the investments they've already made...

I swear that covers an embarrassingly large fraction of tech industry reasoning.

And everybody thinks they're so smart.

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