Meta Freezes AI Hiring After Blockbuster Spending Spree

Re:Meta Freezes AI Hiring After Blockbuster Spending Spree by lotsofpulp on Thursday August 21, 2025 @10:54PM (#44980574)

If a business spends $40B to try to develop a new line if business, that is a business expense. If you are claiming that Meta’s R&D for virtual reality was not a legitimate business expense, but purely for Zuckerberg’s personal satisfaction, then good luck proving that.

Or are you arguing for a tax on revenue, instead of profit?

>are trivially available for a billionaires pet project.

What could this even mean? That it is trivial to become a majority owner of a business with enough cash flow to be able to spend $40B on R&D? If so, then you we live in different universes.

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Re:Meta Freezes AI Hiring After Blockbuster Spending Spree by kjkjadksj on Thursday August 21, 2025 @11:23PM (#44980725)

Not my opinion on it being a $40b plaything. That came straight from swe from meta who complain about it in these terms here on HN. It just tells me that their tax burden is too low. The fact that zuck is a billionaire means it’s also too low.

[ Parent | on HN ]