Internet

In the late 1990s, “you didn’t know which companies were going to be profitable. Many companies that came to dominate the internet didn’t exist, and so, many companies went bust,” he said.

What’s Next: Broadcom CEO Hock Tan said on a podcast that the AI buildout is similar to the railroad and the internet because it will provide critical infrastructure to the economy.

Reich describes the demographic of the average subscriber as being in their mid-20s, skewing nerdy, being a comedy or internet fan, and often from a diverse background with progressive politics.

The country's low data costs and rapidly growing internet user base have made it a hub for cloud and AI expansion for tech giants.

They said they had been forced to work around the clock, trawling for victims for a plethora of phone and internet scams.