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Spotify Technology (NYSE:SPOT) not only saw its third-quarter headline net income fall, but it also whiffed on the consensus analyst estimate. Given that, you’d imagine that investors would have reacted by aggressively selling the music streamer’s stock. Well, you’d be very wrong.

The cost of building out the infrastructure needed to satisfy booming demand for artificial intelligence is changing the way major companies allocate resources. That can mean an end to some jobs once done by humans. Yet in many cases it means repurposing money once spent on workers so that more capital can be devoted to…