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Microsoft CEO Concerned AI Will Destroy the Entire Company (futurism.com)

submitted 1 month ago by ThefuzzyFurryComrade@pawb.social to c/fuck_ai@lemmy.world

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[–] Voroxpete@sh.itjust.works 1 points 2 weeks ago* (last edited 2 weeks ago)

Yeah, which is a problem for their share price, but not for their bottom line.

Like, the worst case scenario for Nvidia is they go back to merely being the world's biggest supplier of GPUs. Oh boo hoo hoo. They will see a massive correction to their share price, and the execs would all rather tht didn't happen because it will destroy a lot of their newfound personal fortunes, but the company itself will be fine (unless they've massively over leveraged themselves with their shares as collateral).