AI is a massive bubble.
Over the last three years, they’ve spent $480 billion on infrastructure, and got back maybe $40 billion in revenue.
This does NOT count the cost for electricity, or for the *REQUIRED* build-out of many Gigawatts worth of NEW power generating capacity which does not exist yet.
Biggest Bubble ever actually. It is a total scam, and I do not say total lightly. LLMs have a limit and anyone who knows them, knows calling them intelligent...well you are the moron for sure then. Think about this...your spell check...that’s AI...get it. It uses the same types of algorithms to predictively analyze text. No one would think Clippy is taking over the world anytime soon. AI is matriculating itself nicely through the Garner Hype curve. Sam Altman, I just look at the guy and I see Elizabeth Holmes with gay orgy sex twist.