You can’t just have a bunch of companies throwing around tens of billions of dollars like confetti on New Year’s Eve without sooner or later someone asking: What in the hell is going on around here? Thus far, no one has produced a convincing explanation of how all this adds up to a profitable business; let alone has anyone turned it into a profitable business. There used to be talk about—well, then you can charge $50 a month. But here in the semi-finals, that’s kind of out the window.
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