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Big Tech's reliance on OpenAI and Anthropic for growth is systemically pervasive. Both companies are massively unprofitable — and much of wh…

Big Tech's reliance on OpenAI and Anthropic for growth is systemically pervasive. Both companies are massively unprofitable — and much of what they spend is Big Tech's own money, counted right back as

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Big Tech's reliance on OpenAI and Anthropic for growth is systemically pervasive. Both companies are massively unprofitable — and much of what they spend is Big Tech's own money, counted right back as revenue. Despite the illusion that core businesses are on fire, most of that growth isn't even real yet — it's just people betting on what AI might eventually do.

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Source: Gary Marcus (X) | 2026-08-12

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