I would hope the trillions of dollars sloshing around are used to pay people to make the core of the product better.
There are tons of articles online about this, here's one:
https://finance.yahoo.com/news/amazon-bets-ai-spending-capex...
They're all doing it, Microsoft, Google, Oracle, xAI, etc. Those nuclear power plants they want to build, that's precisely to power all the extra data centers.
If anything, everyone hopes to outsource data validation (the modern equivalent to bricklayers under debt slavery).