How innovative is Big Tech?


I am curious to hear others opinions why they invest in Big Tech, is it just because it's a safe popular investment? I have traded for years now, and never put a dime in any of those companies based on personal beliefs. I would differentiate Big Tech into 'innovative' companies like Apple, Microsoft, Nvidia etc. versus ones with very little innovation like Amazon and Meta. I feel a company like Meta is flooded with so much capital, they waste it on ridiculous projects like Metaverse and enormous salaries for useless jobs. Am I wrong? What innovation has Meta accomplished? What do they do with all their money?? Don't they just keep their social media apps running, how hard is that? When Musk fired 80% of Twitter, that somewhat reaffirmed my belief that you don't need many thousands of employees to run a website. Am I wrong?


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