AI has a $2.5 trillion problem and replacing 250 million jobs is the only way to solve it
- AI needs to replace 250 million jobs in order to make a return on the current $2.5 trillion investment
- AI is getting cheaper and more capable, but the underlying hardware is not
- Infrastructure providers for the AI boom could be left holding the bag
Since the release of ChatGPT in late 2022, AI developers have entered into a frenzied arms race of hyperscaler data center build outs, silicon development, and huge power grid expansions.
The level of investment made by AI developers is unlike anything that has been seen (or spent) before. But a key question that IT leaders, investors, and enthusiasts keep asking is how will all this investment be paid for?
New analysisby Marin Ivezic, Founder of Applied Quantum, has found that the math really isn’t adding up. In order to justify the colossal investment, AI would need to generate approximately $2.5 trillion in annual revenue. Current...
Copyright of this story solely belongs to www.techradar.com. To see the full text click HERE
