I've heard this idea a few times but can't remember where: The risk of underspending is is greater than overspending. ie better to blow a shit ton of cash in order to remain in the race rather than be left behind ps i think it was from this speaker. hes done the same talk in a few places

I am usually reluctant to pay attention to people who show too much confidence.

somebody has to do it. There is a 1 hr version of this talk if you're interested. Overall i found it a nice counterbalance to the ai hype