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A comment on Mark Zuckerberg freezes AI hiring amid bubble fears. Parent comment

Re:Mark Zuckerberg freezes AI hiring amid bubble fears by unmole on Friday August 22, 2025 @07:25AM (#44983168)
> Cory Doctorow has a compelling theory that the megatech companies have to appear to be startups, or else their share price reverts to normal multiples.

Meta's P/E is about the same as S&P 500.

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Re:Mark Zuckerberg freezes AI hiring amid bubble fears by specialist on Saturday August 23, 2025 @11:50AM (#44996819)
Nicely spotted.

I regard Meta and Google as ad agencies.

(I'm not smart enough to break out Amazon's and Apple's ad biz P/E separately.)

My quick spot check says Meta's P/E is more than "legacy" ad agencies and (much) less than Google's.

Just observations. I have no insights.

My opinion, based solely on vibes, is the online ad biz (Meta and Google) is more fraudulent than not. If true, than both are grossly overvalued, in that castles in the sky sort of way.

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