Big Tech’s ‘Spend Little, Earn Lots’ Formula Is Threatened By AI

For two decades, the playbook for Big Tech was fairly simple and extremely successful: Create disruptive innovations, deliver blinding growth rates and keep a lid on spending.

By Jeran Wittenstein · Bloomberg Markets

For two decades, the playbook for Big Tech was fairly simple and extremely successful: Create disruptive innovations, deliver blinding growth rates and keep a lid on spending.